What is Swift? Why Russia needs Swift, what SWIFT means - and will Swift be part of Russian sanctions?...


The Scotsman | 2022-02-25 13:38 UTC

As world leaders roll out further sanctions on Russia after it's invasion of Ukraine, here's what you need to know about the SWIFT system and if it could form part of sanctions. Russia’s system is largely used within Russia itself, meaning it could turn to cryptocurrency or other alternatives should SWIFT form a part of sanctions.

By Anonymous Submission on 2022-02-25 22:13 UTC
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