GNSS uses signal time-in-transit to calculate distance
.. but probably has a much cooler acronym ..
so extra distance makes the calculation more relaxed, leisurely.. not like the knife fighting range that earth focused operations have to work at.
There is an upper limit - which is probably the 'word' length that is used to measure against synchronisation.
There would also be design issues to overcome - machine built to broadcast down towards earth may not send a strong signal in the other direction - or it could be fully unidirectional, i dont know.
Obvious one is no coverage on the 'dark' far side of the moon.