Duh?
What is the point of using crypto space then? So Mr. Paul wants us to use crypto but let them know who we are after knowing that we are using crypto because we want to say anonymous. Its like putting duck face on a donkey!

If this due really want to have records of crypto holders then there is very simple mantra for this. You just levy the taxes on the peeps who will be withdrawing their crypto assets into their bank accounts. As long as the assets are in crypto space they have no rights to ask.

But yes, once they withdraw it then it becomes their income and it should be taxed. Just like the Indian Model which is taking 30% taxes for all the crypto transactions made into their bank accounts.