I think this will only cause concern for traders in countries with a large taxation of profits from the crypto market.

In my country, the government has not proposed laws that ban Crypto or impose high taxes on trading in the Crypto market. So I don't have to worry too much and can trade normally even while I'm being watched.

But nevertheless, we should not evade taxes or try to bypass the government, we are always monitored and only the observance of the rule will keep us safe.