No it doesn't.

It indicates that when you switch your investment from one thing to another, that you have to then pay tax for your gain.

Which is very very normal.

Just that people in crypto not realized what it means when you trade bitcoin to another token which would be the equivielent of selling shares and buying something else like gold. As soon as you sell your shares you have to pay tax on gains.

But hey, the advantage of crypto was anyway that its an 'unregulated' market. Lets hope at least bitcoin just dies