Your lack of financial privacy with the federal government is increasing if you buy or sell cryptocurrencies. Exchanges are going to have to report when you sell cryptocurrencies, but the privacy invasive one is they need to report when you move cryptocurrencies off exchanges, how much, and to what wallet address. If the blockchain is public, they can link you to an address and follow transactions afterwards. They do no want you having any financial privacy.
A real look at capital gains taxes.