Im wondering are there ways to trace Crypto transactions like tracing an IP of someone when doing online transactions if so what are ways to protect yourself from getting traced. Im rather uninformed on the subject and I would like to get up to speed on the current happenings right now.
That seems impossible. because the transaction is just one of the completed blocks and it is only stored in history but does not show any information to locate it. not even our wallets are made to identify their owners. We can only know how many wallets are created in this country and can only sum it up as facts. That's why governments often don't like letting their citizens use crypto to pay for services, which will lead to mass money laundering that can't be controlled.