That means going after the digital wallets that receive ransom transactions, the crypto platforms that help exchange one set of blockchain coins for another to obscure the culprits and the people who own or manage those operations.
~Snipped~
The government hopes to choke off access to cryptocurrency in certain situations in a bid to limit the potential payoff from ransomware
Realistically, they could only target the cryptocurrency exchanges, as opposed to non-custodial wallets and most of the mixers. AFAICS, this only makes them shift to other routes
[unfortunately, it'll have little to no effect on them]!
but it hurts to see people use it for money laundering and terror financing too.
All of us hate that part, but traditional methods are being used a lot more in those departments!