Cross-border payment methods, such as cryptocurrencies, allow individuals to transfer money internationally, often bypassing traditional banking systems. The Office of Foreign Assets Control (OFAC) sanctions countries for various political and security reasons, restricting financial transactions with these nations. Proponents argue that such a ban prevents financial support to regimes considered hostile or dangerous, ensuring compliance with international sanctions and national security policies. Opponents argue that it restricts humanitarian aid to families in need, infringes on personal freedoms, and that cryptocurrencies can provide a lifeline in crisis situations.
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@B4NGYDD2wks2W
No, but instate limits to how much can be sent and more closely monitor transactions to sanctioned countries.
Maybe it should just monitor it in a way that protects both citizens and prevents enabling corruption
@B4Z6HHL4 days4D
People should be able to do whatever they want with there own money.. as long as the money came from legal ways.
@B4YNM4D5 days5D
No, we shouldn’t sanction those country anyways, and international crypto payment should be subject to monitoring
@B4TXJ28 1wk1W
Yes if they are just sending money to friends then just legally allow them to do it then you can monitor it to see if they are funding terroism or just sending money to family
@979XN3F 1wk1W
Yes, but allow foreigners and non-residents to keep pre-existing offshore bank accounts within our country
@979XN3F 2wks2W
Yes, but allow foreigners non-residents to keep pre-existing offshore bank accounts within our country
@B4N79TS2wks2W
Yes, and it’s should be banned for all countries including the USA, China, Japan, and Israel as well
@B4MYRBK2wks2W
Yes, if someone is in one of the sanctioned countries and has access to means to receive and spend cryptocurrency, they aren't the individuals in need of humanitarian aid.
@B46WX8P1mo1MO
No, assuming the funds can be proven to have been earned legally, and taxes have already been paid. With an additional tax of 20% on any, and all cross-border payment methods.
@B3TJY6Z2mos2MO
yes but the government should have a plan for sending money to families in Foreign back in countries.
@B3FMJ9B2mos2MO
No, but instate limits to how much can be sent annually and more closely monitor transactions to sanctioned countries
@B2ZBM3F3mos3MO
If the family member(s) the citizens are sending money to are in no way related to or have any affiliation with problematic bodies in those countries, then people should be able to support their relatives.
@B2CGY6TConservative4mos4MO
Family in other countries should ask for help in their own country or come to canada it is none of our business what they do on the other side of the world.
@B24CNGL5mos5MO
Maybe, The Citizen should have to provide reasoning to why they are sending the money (such as poverty)
@B23882N5mos5MO
We should make it an offense to send money to sanctioned countries, but we shouldn't ban cross border payment methods. The government cannot be trusted.
@9X56Y5B6mos6MO
cause this people they just want to send money to their love ones,but i think think countries should make a legal payment methods to the people that just want to send money to their love ones.
Yes, but make it simple to send it through your regular banking
@9TY279W7mos7MO
Don't ban, but put regulations or surveillance on these type of transactions.
@9TSS8RJ7mos7MO
Only if the family is needing the funds to flee the country
@9TS28Y87mos7MO
Not ban but certainly safe guards should be in place to ensure the funds are not for war/terrorist activities.
@9TG8PL68mos8MO
If they were closely monitored for criminal use, yes
@9T64K8RConservative8mos8MO
No, but they should be heavily monitored and the government should be able to control it.
@9QZCYDN10mos10MO
Yes but they would have to ensure that the money isn't going to the government or to terrorists, and since that's hard to do most of the time it should be a no
I think it should be heavily secured but I don't think it should be banned.
@B2Q85HW3mos3MO
yes but make it regulated to make sure they're not giving money illegaly to criminals in other countries.
@B2L42TM3mos3MO
All payment methods should comply with anti money laundering, terrorism financing and sanctions laws
@B2KH6TK3mos3MO
I can understand restrictions on sending money to some countries, but at the same time must find a way for citizens to send money to their families in these countries.
@B2GG52P3mos3MO
No, the government should not ban this, however, if found to be circumventing international sanctions or supporting terror, they should be tried in court and held accountable for their actions.
@9ZTXY875mos5MO
No, because those people are supporting their families. However, there should still be a restriction on who they send it to.
@9ZQV8FW5mos5MO
Yes but the there should be a policing system that heavily monitors transfer activity that tracks funds
@9YD23V46mos6MO
To ban/limit a citizens right to utilize their money/property is wrong but it should be monitored/regulated and/or taxed.
@9TYHMNT7mos7MO
Yes. Only if they are expected to use that money for illegal activities.
@9SW5R6B 8mos8MO
No, but the money must be monitored to ensure it doesn't fund nefarious behaviour.
@9RZPX679mos9MO
if youre going to allow immigration at the levels youve introduced, let them send money where they need to
@9RBVFQQ9mos9MO
Yes, but I see no feasible method in which they could.
@9QZGVST10mos10MO
No, but authorities should be able to get a warrant to trace these transactions to the recipient if they have probable cause that they are being used to fund terrorism or undermine Canadian sovereignty or national security.
@9P8NRFMNew Democratic 11mos11MO
This question is too vague to provide a definitive argument of either opposition or support.
@9MX2TPB11mos11MO
We need to strive for a unified unit of currency for the planet.
@9MTXP5611mos11MO
I think they should be allowed to send money because some ppl are poor
@B2VBCWQ3mos3MO
While there are security and legal concerns related to sanctions, a blanket ban may unfairly impact individuals with legitimate family or humanitarian needs. Policies should be designed to balance national security with humanitarian exceptions, ensuring people are not cut off from supporting their loved ones.
@B2S9QKY3mos3MO
no, but it should be heavily regulated to make sure its going to the right people for the right things and not used to fuel fraud, laundering, and supporting crimes
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@9TSTBDY7mos7MO
This is not of importance to me as i remain politically neutral
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