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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@ISIDEWITH12mos12MO
@ISIDEWITH12mos12MO
Yes
Banning cross-border payments will harm innocent families who rely on remittances for basic needs. Un Venezuela, hyperinflation and economic instability have left many people struggling to afford essentials. Cutting off these financial lifelines will just exacerbate their hardships.
@9MW54DD12mos12MO
People have a right to send their money to whoever they want, if people chose to live in America they chose the freedom and they are good people who share right values and won't sponsor terrorism with crypto. Also sanctions are bull **** .
@9NQL5VP11mos11MO
No, but it should be regulated to where specific steps must be required to send money to sanctioned countries.
@9RDCN23 10mos10MO
No, but it should be regulated to the point where specific steps must be required to send money to sanctioned countries.
@ChaseOliver 12mos12MO
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.
@B4HXVRF1mo1MO
No, but increase restrictions and regulations for sending money to countries with totalitarian regimes.
@ISIDEWITH8mos8MO
How do you balance the need for national security with the ability for families to stay financially connected in countries under sanctions?
@9WMLRZC 7mos7MO
No, but the use of cross-border payment methods should be subject to the same regulations as traditional banking systems
No, the government should not ban cross-border payment methods, as it can harm humanitarian efforts. Transactions should be monitored, however.
@9RN3K8R10mos10MO
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.
@9RBN2M310mos10MO
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.
@9N35ZJJ12mos12MO
No, we should lift all sanctions on these nations.
@B4VQNJN3wks3W
we should make it so when you send money to anyone in another country a funny cat video plays and then a wheel spins so they can win a billion dollars
No, cross-border payments help assist those in need who may be victims of ongoing conflict without requiring physical interaction.
@B4RHF2H3wks3W
No, and this should not even be considered. People should be allowed to send money to their family members, regardless of where they are. Especially in such volatile places like Palestine, Iran, and Venezuela.
@B4MJY364wks4W
We shouldn't ban it as long as they can ensure it's going to a relative and not for harmful or damaging reasons.
@B4MBN4R4wks4W
Sending money across countries? Maybe. But what if their device or computer is infected with ransomware?
@B4HL9KP1mo1MO
No But if they are not relatives and other terrorist organizations or anyone related to those situations then yes.
@4KBRM54 1mo1MO
No, but any fund transfers to or from hostile countries should have a means of being reported and monitored.
@B4F7XGB1mo1MO
I think they would have to find a different way instead of removing it because people will flip over thing like that
@B4D6KHP1mo1MO
Yes, ban the use of cryptocurrencies for the sake of currency. However, if it is not cryptocurrencies, then do not ban it as long as it is to family and/or friends.
@B4C6FCD1mo1MO
Cryptocurrency should be abolished in general, but programs like GoFundMe or PayPal, that rely on real money and not digital tokens, should be kept.
@9FZPSHS 1mo1MO
No, but all apps should be required to track and report sufficiently large transactions to those countries
@B472TNY2mos2MO
no, but there needs to be security measures to help ensure the other governments aren't taking the money
@B425TCL2mos2MO
No, unless the person being paid is a known or suspected terrorist or oligarchy, or there is reason to believe the money would go to the government. There should be a system in place to monitor payments, but for most cases, if a small amount of money is being transferred between relatives who are both civilians, the government does not need to get involved
@B3ZYM5D2mos2MO
No, for the sake of freedom, checks and balances, federalism, and a weak central government, US citizens should still be allowed to send money to loved ones in those countries;
However, if that right is misused or exploited for dangerous or treasonous causes, for the sake of National Security, they should be legally in trouble but also for the sake of the Constitution, freedom, weak government, federalism, and checks and balances have a right to an attorney and a fair trial
@B3ZFT522mos2MO
Make sure the money goes to the citizens and not the violent regimes so it can help the families struggling of Immigrants
@B3T49782mos2MO
Yes, as long as there's a thorough check on what the money is for and a background check on who it is for.
@B3QG49LProgressive2mos2MO
No one should be using crypto currency, it allows crime and money laundering to go on without recourse.
@B3P5DZ42mos2MO
No, but there should be screening to make sure you are actually sending the money to a relative or someone in need.
@B3LYBW6Progressive2mos2MO
yes but only because i hate traditional banking systems and their highly anti consumer practices. some countries can be regulated, like north korea not receiving crypto or certain countries
@B3G5BMN 2mos2MO
Money amounts should be limited to what families need to survive, not business or political dealings, so relatively small amounts.
@B3DVFJ9 2mos2MO
No, If it is their own money and they have paid taxes on the income, they should be allowed to spend or send where they want.
@B3DC4RRRepublican2mos2MO
Sending money back is not a bad thing but sending large amounts of money to a country like North Korea as like fraud is bad so add regulations or more stricter rules.
@B3D9CQSRepublican2mos2MO
yes, but people should have to go through some kind of process and prove who they are sending it to and that person has to accept it.
@B38RB253mos3MO
No, the government should ban crypto, but not the transfer of money from citizens to relatives in other countries.
@B34MF6V3mos3MO
Yes u can as long as its not going towards a foreign government or military because it can be used to help out citizens with food water shelter ect
@Mohanri-Brown3mos3MO
No but increase regulations and restrictions for sending money to countries with totalitarian regimes.
@B334T97Libertarian3mos3MO
They should ban money to all other nations, but crypto should not be banned. Our enemies should be able to hate us for free.
@IChi3063mos3MO
Only if the person sending funds has been credibly found to be in association or support of terrorist. Other than that we should not merely punish someone from helping their family simply because they come from a place who's government is hostile. A government does not always represent the people.
@B2YP5LP3mos3MO
Crypto isn't very good, but I am not against the concept if it is implemented in a better and more secure way.
@B2YG8XL3mos3MO
No, but the government should limit the amount its citizens are able to send, such that hostile regimes are unable to be sustained through these payment methods.
@B2XQP6J3mos3MO
it depends on how it's used. we do have naturalized citizens from Russia who send money back to their families to support them
@B2VZZWVIndependent3mos3MO
No, but I dont think Cuba should be included in this list, as it is no where near as dangerous as the other countries listed. Cuba should be taken off the list of sanctioned countries, if other western nations visit the country as a vacation destination, and have trade agreements, then we should to.
@B2P52GK3mos3MO
Depends on where the money is being sent to. If it is to help families and citizens in need it is okay.
@B2NTHPV3mos3MO
Restrictions, have them explain the reason and how much, then a worker goes over it and then can accept the payment.
@B2LZM8V 3mos3MO
As long as there isn't proof they're using it for crime or negative things, then they should be allowed to do so.
@B2D3G9R4mos4MO
No, But this should be able to be use to start compiling evidence to be able to monitor and investigate insurgence, terrorists, or illegal activity to ensure national and public safety.
@B2BJMSP4mos4MO
Yes, this should be banned in instances where the relatives are involved in crime rings or terrorism.
@B273X7RRepublican5mos5MO
Government has no right to control any of the citizens options of dealing with their own hard earned money
@B2637YXWomen’s Equality5mos5MO
Yes and No. Yes because The crypto or other methods could be tied to a crime. No because this could be the only way people could send relatives in different countries money.
@B25335V5mos5MO
No, as it is not a state or private sector related matter, and a familial issue, citizens should have their right to send money to relatives, no matter the location.
@B23YYX9 5mos5MO
Yes, because it could be used as a way to transfer money for a scream, but the Feds should be able to so it's monitored better and the Feds could communicate if there were hostages.
@B23TTYN5mos5MO
No, but if there is undeniable proof funds end up going to a bad actor the sender should be prosecuted.
@B233T4C5mos5MO
Not entirely, but certain countries which support terrorism should be banned from financial transfers
@9ZZLNNZ5mos5MO
immigrants should be allowed to use cross border payment methods for relatives but not us citizens and if it is allowed under reasonable security.
@9ZX2MY55mos5MO
No, but increase restrictions and regulations for people sending money to countries with totalitarian regimes.
@9ZWQVPX5mos5MO
No, if it suspects citizens of helping actual enemy interests and not just their families they should have a warrant to gather information as our Constitution and Justice system would require.
@9ZQPHSH6mos6MO
Yes, provided it is understood the transaction will be monitored to ensure compliance with anti money laundering and anti terror regulations.
It depends on which country the money is being sent to. Some countries like Palestine and Cuba are unfairly sanctioned and really aren't a threat. This is especially the case for Palestine since the people there are not only going through a genocide, but they're also being denied the rights to basic necessities by the Israel settler colony.
@9ZNHYHBPeace and Freedom6mos6MO
If the relative is suspected of conspiring with a country we don't like, then they shouldn't be allowed to send money.
Yes, but it shouldn’t be heavily monitored and when it is being monitored, they should watch and check to see if anyone’s account is being hacked.
@9ZM6TY36mos6MO
No, but these transactions should be monitored to ensure exorbitant amounts of money are not being transferred
@9ZL8LQH6mos6MO
I think it should depend on the country and why they think they should be banned from paying cryptocurrency to certain conutries.
@9ZHYFDJ 6mos6MO
We should be allowed to send money to our relatives but for crypto it's a slippery slope. As that is something I do not agree with.
@9ZJRJN76mos6MO
Yes, but only for transactions involving persons or entities in adversarial nations or designated terrorist groups.
@9ZHKR7F6mos6MO
Depends on the citizen. If they are spys or terrorists for instance then probably but if they are just trying to support their families then no. So I think its about getting approval to do so.
@9ZH925X 6mos6MO
No, but financial transactions to sanctioned countries should be monitored and, if found to be supporting terrorist organizations, should result in criminal charges
@9ZBXCF86mos6MO
Its not that I think citizen should be able to send money anywhere, its that you can't stop it it. You can't stop the signal.
@9YL6RLS6mos6MO
No, Legal citizens should be allowed to support their families, but the amount and who it is sent to should be monitored.
@9YHC2RV6mos6MO
Yes, and if found guilty of such, they should be sentenced to no more than 3 years in a federal prison.
People with enough money to buy the world over should not be able to lobby or influence any political power in any way with their money as it puts the poor at a vast disadvantage.
@9YC6L2F6mos6MO
I think that in cases where it's family or people in need, it shouldn't be banned, but for larger and bigger corporations it should be regulated or banned.
@9YB8MNW6mos6MO
not without filling out declarative forms certifying that the payments are not in violation of sanctions
@9MGKS4XConstitution 6mos6MO
No, most citizens in those countries like the US and don't like the dictatorial government. However, the US should vet who the payments are going to so that dictators and their supporters don't receive cross-border payments.
@9Y7T3Z46mos6MO
Yes, but it should be monitored by the government and there should be transparency and reasonable understanding between the citizen
@9Y539D36mos6MO
and stop all citizens from sending money made in us to other countries- it should be spent here to boost our economy
@9Y4X87K6mos6MO
Yes, but only if these transactions can be monitored and verified before going through to protect against funding terroristic groups.
@9Y3QKF26mos6MO
I think a form or process should be implemented to screen for why money is being exchanged. The progam should be regulated to ensure that there is no danger to our country.
@9VSLFGBPeace and Freedom7mos7MO
I think if you really need to transfer money to a relative who's in a bad situation should be allowed to
@9VBG28J7mos7MO
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@9V9K5PX7mos7MO
There should not be restrictions on regular banks to send money to families in other countries to begin with. I do not like cryptocurrencies for several reasons, but if it is a last resort to get money to family or for health needs, then people should be allowed to use it. If it is for investment purposes, gambling, or use in private companies, crypto should be regulated.
No, we need to lift sanctions off of Cuba, Venezuela, North Korea, Iran, and Palestine. Free Palestine!
@9V5YC34Republican8mos8MO
Have an agency it can go through to evaluate the transaction to see if it is truly to help someone in need.
@9V5Y6L78mos8MO
Not if they are ONLY sending fund to their relatives, unless said relatives are connected to these corrupt or terror inciting regimes
@9V3QQGJ 8mos8MO
No, individuals are allowed to support whoever they want, similar to politics, and some people may need to use this to support their families in other places.
@9V3NGJJLibertarian8mos8MO
Yes, if funding for the cross-border payments is derived from government benefits. Penalty for infringement should be denial of benefits.
@9TYNQLB8mos8MO
No. It could offer a program if you need to fund relatives to ensure that the funds aren't going to threatening people or groups.
@9TXZW76Peace and Freedom8mos8MO
No, but if a transaction seems suspicious, the recipients of the money should be made aware of to the government to reduce risk of funding of terrorist groups, for example
@9TQJ2F58mos8MO
I dont really know. All these countries cause problems, but cross border payments could be good or bad.
@charlroycefleIndependence 8mos8MO
The US government should give more individual crypto rights when it comes to sanction countries with strict accountability.
@9TQ3SW28mos8MO
No, but make the government be sure that the money being sent to someone in an OFAC sanctioned country is being used in a non malicious way.
@9TPMGGC8mos8MO
Yes, but only if the payment to relatives is intended to finance criminal activity (hacking, terrorism, arms dealing, etc...)
Yes, it could be used to commit fraud, we must make find other government sanctioned ways to help family outside the US.
@9TL54R5 8mos8MO
Yes, if it can be demonstrated that the citizen is providing support for other than the support of friends and family. Additionally, if Palestine is banned, Israel should be, too, and Saudi Arabia and other dictatorships that support terrorists should be added to the list.
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