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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These active users have achieved advanced knowledge of the terminology, history, and legal implications regarding the topic of Cross-border Payments
Response rates from 18.5k America voters.
35% Yes |
65% No |
35% Yes |
65% No |
Trend of support over time for each answer from 18.5k America voters.
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Trend of how important this issue is for 18.5k America voters.
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Unique answers from America voters whose views went beyond the provided options.
@9NQL5VP11mos11MO
No, but it should be regulated to where specific steps must be required to send money to sanctioned countries.
@9RDCN23 9mos9MO
No, but it should be regulated to the point where specific steps must be required to send money to sanctioned countries.
@ChaseOliverLibertarian 11mos11MO
No, because when shelters are funded by government, however well-meaning, the incentives of shelter administrators shift from providing better services that aid the long-term outlook of the homeless, to filling beds to receive more funding.
@9WMLRZC 6mos6MO
No, but the use of cross-border payment methods should be subject to the same regulations as traditional banking systems
@9SRBRWS8mos8MO
No, the government should not ban cross-border payment methods, as it can harm humanitarian efforts. Transactions should be monitored, however.
@9RN3K8R9mos9MO
No, but monitoring and tracking methods should be implemented by intelligence agencies to understand where transactions are being sent once they arrive within one of these countries. If reasonable cause for bad actions are found, they then trace the transaction back to the US source.
@9RBN2M39mos9MO
The government should have zero involvement in personal transactions.
Most people are sending small amounts of money to help their relatives who live in other parts of the world where economies are in shambles.
Every American citizen has a right to financial privacy and self-custody. Crypto is here to stay, and banks should be planning on their eventual extinction a few decades from now, instead of trying to keep people locked into a corrupt system that's no longer sustainable, and will be replaced in time by a more efficient and beneficial financial system.
@9N35ZJJ11mos11MO
No, we should lift all sanctions on these nations.
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