Crypto community has a knack for hating the nations that bans or does the privacy breaching actions. Crypto hated america during earlier times with SEC. It hated india for those bans. But it never paid attention to middle east and nearby countries.
So today one such censorship and control mechanism is being established by the Kazakhstan as it is planning on tracking the people with the crypto in it's national center for crypto analytics.
This is pure control of the big deep state. They are going to watch where you spend, what you spend, what you buy sell, how many hoops you crossed for the money. And how your money flows.
So not only this would be used for the taxes but also it would be used for the cash crime collection analytics. Which is important in the court of the law. So yeah the nation is going to be under heavy scanner.
You can read more here.
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