Swift payments network to cut access to crypto exchanges
asiamarkets.com
Swift payments network to cut access to crypto exchanges
1–10 of 35 posts
Re: Swift payments network to cut access to crypto exchanges
#2“The move will thwart cryptocurrency access to tens of millions of people worldwide.”
Re: Swift payments network to cut access to crypto exchanges
#3Crush the competition.
Re: Swift payments network to cut access to crypto exchanges
#4What became of the push to disconnect Russia from Swift? Are they still online? If so, why?
Re: Swift payments network to cut access to crypto exchanges
#5What became of the push to disconnect Russia from Swift? Are they still online? If so, why?
Because there are still commercial exchanges between the West and Russia.
Re: Swift payments network to cut access to crypto exchanges
#6Crush the competition.
Crush the criminals.
Re: Swift payments network to cut access to crypto exchanges
#7What became of the push to disconnect Russia from Swift? Are they still online? If so, why?
It never mattered.
https://alhambrapartners.com/2022/02/28/swift-isnt-the-nucle...
Re: Swift payments network to cut access to crypto exchanges
#8Is there another source for this?
The website posted also has an article about UFOs in Ukraine: https://www.asiamarkets.com/russia-shoots-ufo/
Edit: Searching around, I cannot find another source, so take this news with a grain of salt.
Second edit: There are a bunch of screen shots on Twitter saying that Binance's specific payments processor has stopped SWIFT payments for less than 100k USD, but other normal currencies are fine. Seems to me to be far more nuanced than the OP link suggests, especially as the article cuts the Binance email short.
Re: Swift payments network to cut access to crypto exchanges
#9Good.
The sooner crypto and these exchanges are cut off entirely the better.
Nowadays, I don't see crypto used for payments at all anyway so it makes total sense.
Re: Swift payments network to cut access to crypto exchanges
#10Is there another source for this? The website posted also has an article about UFOs in Ukraine: https://www.asiamarkets.com/russia-shoots-ufo/ Edit: Searching around, I cannot find another source, so take this news with a grain of salt. Second edit: There are a bunch of screen shots on Twitter saying that Binance's specific payments processor has stopped SWIFT payments for less than 100k USD, but other normal currenc…
Binance reportedly sent emails to their customers saying they've been cut off from SWIFT.