No no no, the amendment doesn't say that those activities can't be taxed, it clarifies that there won't be KYC requirements on people who literally can't comply

No no no, the amendment doesn't say that those activities can't be taxed, it clarifies that there won't be KYC requirements on people who literally can't comply with them. The issue here isn't about what activities should be taxed, it's about overly broad KYC reporting requirements. Pretend the original provision was about ATMs... the language could be used to argue that armored truck drivers should be required to collect personal information and transaction data for every user of every ATM they deliver cash to. Obviously that's not really possible and would be a huge privacy issue. The risk people are seeing here is that the current language could be abused to make ATMs illegal altogether, since nobody would want to risk getting in trouble during the process of stocking them.