Onshore vs. Offshore Entity for Crypto Trading: A Compliance Headwind?

Been pondering the shifting sands of regulatory scrutiny, especially for those of us trading significant crypto volume. The lines for beneficial ownership and source of funds are getting blurrier, or perhaps clearer in a more restrictive sense, depending on which jurisdiction's lens you're looking through. Are any of you finding a particular setup (e.g., offshore company with onshore banking) to be increasingly scrutinized, or is the compliance burden just universally ratcheting up regardless of corporate structure? It feels like chasing a moving target with a blindfold sometimes.