I think the regulators have figured out that if they want to know who's using bitcoin and crypto, they better start incorporating it into their world.

In other words, "If you can't beat 'em, join 'em!"

Great for bitcoin and crypto because now the big financial trillions will start rolling in.

Do watch out though. Don't let them attach your btc address to your identity. Send and receive from a different address every time, and don't use crypto if they have your identity, like Amazon account.

If you value your privacy, don't use crypto to buy from amazon. They have stated that they will sell all their info on you to law enforcement agencies. Not just local cops.