Under the new Finance Bill, crypto platforms must supply concise transaction data—trader identities, asset details, and fiat conversion values for taxation. Users could face heightened regulatory scrutiny.
i not totally sold on it. transparency is ok but privacy really suffers, ya know? seems messy
heyyy, i’ve been thinking bout this too… i mean, on one side, the gov could be saying its all about catchin tax cheats but havent we regged out on privacy enough? got me wonderin if this might push peeps to even more decentralised means of trading so they don’t have to worry about someone snoopin around. do ya think this will weaken the trust that many of us have in cryptos, or maybe it might change the game in a different way? i love exploring different views on this, what do ppl think will happen in the long run?