Well this is something along the same lines of what is underway in Europe and what I talked about back in the day.

Goodbye, privacy, goodbye, it was nice while it lasted.

The strange thing is that Europe took the lead in this before the United States, which is now lagging behind. But yes, the idea is to try to control Bitcoin transactions as banking transactions are controlled, and in Europe the last thing I read is that by January 2026 the full exchange of information between countries should be implemented.

To all this, apart from the advice given in the thread, such as not using CEX, I would like to add that you should use cash as much as possible when you have to pay with fiat. Taking care of privacy as much as possible with Bitcoin and then paying for everything with your smartwatch is not very coherent.