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 274 Liberal Democrats voters.
32% Yes |
68% No |
32% Yes |
68% No |
Trend of support over time for each answer from 274 Liberal Democrats voters.
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Trend of how important this issue is for 274 Liberal Democrats voters.
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Unique answers from Liberal Democrats 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.
@B44XCPD2wks2W
Depdending on what country that may be sanctioned like Russia may be fine but others may not be allowed
@B42GVPH2wks2W
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.
@B3R5KQR3wks3W
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
@B3QJFLB4wks4W
A ban would do nothing to stop the money going to terror organizations, they would still get the money through to them some how.
@B3QG99Y4wks4W
That's a tricky one to answer. I think it probably requires regulation. How a person chooses to use / spend their OWN money is their own business, and if they have relatives in said countries and crypto is the only method they have of getting money to them, they should not be prevented. At the same time, bad-faith actors in that space should not be able to funnel Australian money to corrupt, antagonistic, adversarial and/or despotic regimes and terror organisations, that could be used to violate human-rights and/or be used against our own nation's interests.
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