If you are active in crypto trading, holding etc. Then you will undoubtedly have noticed that the "crackdowns" are expanding and the exchanges are following suit very quickly. "Traveler", a company that detects address-to-address verification, making sure where you send your asset, is part of a system that is approved by the TRISA directory. Crypto.com and Binance are currently using this shit, meaning others will follow suit.
The more crypto enters the retail and industry markets, the more they are finding ways to ensure they can track your transactions, assets and value.
If you are using crypto but not using your own wallet, except for the first step of buying with Fiat, then you are doing it wrong.
Yet, so many people leave their crypto in the exchanges because they are either too lazy or too scared to use their own wallet.