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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@B4NGYDD4 days4D
No, but instate limits to how much can be sent and more closely monitor transactions to sanctioned countries.
@B4MYRBK5 days5D
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.
@B46WX8P3wks3W
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.
@B3FMJ9B2mos2MO
No, but instate limits to how much can be sent annually and more closely monitor transactions to sanctioned countries
@B2ZBM3F2mos2MO
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.
@B23882N4mos4MO
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.
@9T64K8RConservative7mos7MO
No, but they should be heavily monitored and the government should be able to control it.
@9QZCYDN9mos9MO
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.
@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
@9YD23V45mos5MO
To ban/limit a citizens right to utilize their money/property is wrong but it should be monitored/regulated and/or taxed.
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