Isn't it interesting that in all the talk about the scourge of illegal drugs and cartels, etc., I am unaware of any politician demanding that the dark money transactions in the crypto world be made public by force of law. I mean, it's not as if the US is shy making about money laws, they force citizens living abroad to file US tax returns. Traditional banks are regulated and they have to report cash transactions above some threshold, a very quaint idea btw, but it does give the illusion of action. But tracking international money trails, now just hold on a minute, that might uncover things that lots of people don't want seen.
Sinking the odd boat full of foreigners or busting the occasional drug gang activity makes for good TV but there can't be anyone left who thinks those actions aren't just theatre, no matter how earnest some of the participants are.