Directly, it doesn't. However, I can block your certificate., or better, I can block the CA signing certificates that represent either businesses I don't want to talk to or people who don't really exist.
Whilst I don't generally believe governments should intervene in the internet, this is one area they could intervene in. They could act as a certificate authority.
Of course, CAs will make mistakes, but they can revoke certificates when things go wrong.
You can also currently block IPs, domains, URLs and specific message content. There are even globally distributed lists of such things.
This is already how we manage to block most spam on the edge. What you're proposing is just a small iteration on the existing defences. An expensive one, which wouldn't work unless you managed to get everyone doing it at the same time.
Whilst I don't generally believe governments should intervene in the internet, this is one area they could intervene in. They could act as a certificate authority.
Of course, CAs will make mistakes, but they can revoke certificates when things go wrong.