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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State Electorate
Response rates from 25.3k Australia voters.
41% Yes |
59% No |
41% Yes |
59% No |
Trend of support over time for each answer from 25.3k Australia voters.
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Trend of how important this issue is for 25.3k Australia voters.
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Unique answers from Australia voters whose views went beyond the provided options.
@9S9R2358mos8MO
No, because the OFAC is an American agency, if we wish to ban cross-border payment methods to specific countries we should decide which countries by ourselves
@B2DNDWQ3mos3MO
No, but funds must be monitored, controlled and regulated to prevent financial support to hostile regimes, to ensure compliance with international sanctions and national security policies
@9TQ5HHD7mos7MO
No, but these methods must be strictly regulated by the Australian Federal Government in order to prevent terrorism.
@B4LNTNW7 days7D
If you didn’t import people from these countries it would not be a concern ! Crypto is vital to the new financial system
@B4DN3B52wks2W
No, and Australia should refrain from sanctioning any country that is not a direct threat to our security
@B44XCPD4wks4W
Depdending on what country that may be sanctioned like Russia may be fine but others may not be allowed
@B42GVPH4wks4W
There should be regulations in place that would have citizens that use cyrptocurrency declare their intended purpose with it, or if they move a certain bracket of crypto in a certain amount of time. I'm not qualified to speak too much on Crypto.
@B3R5KQR1mo1MO
Not all of the citizens of these countries are terrorists or criminals. As long as the government and security agencies are aware of it, then I have no problem
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