The main takeaway from the bill is that cryptos are not considered legal tender, being assimilated to commodities. In other words, cryptocurrencies aren't really currencies, but assets and they will - probably - be taxed as such.
Like I always say, the regulation is not the problem but the acceptance. Once we know that crypto has been accepted worldwide then we won't have a problem if the chose to put some regulations to it. The problem we are having now is the fact that some countries are suggesting the bad of crypto and that's so not good for us.