While SWIFT’s role in the Russian invasion of Ukraine may be new, competitors from rogue nations to crypto nerds trying to circumvent the NATO dominated bank messaging system are far from new.
Crypto Price Prediction: $100,000 Bitcoin Could Come Even Sooner Than You Think With Ethereum Leading The Way
“In the case of SWIFT, a lot of countries had to really bind together to freeze assets,” he says. “If money moves in real time, like it does with these more modern payment solutions built on crypto, you can cut them off right away.” Make no mistake, with Russia cut off from SWIFT, workarounds won’t be simple. In order to use another form of financial intermediary, both parties would have to agree to that avenue. While it may be easy for Russia to move its business with allies onto another set of rails, that list of sympathetic counterparts is not long.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Foreign volunteers who help Ukraine will be eligible for citizenship in the futureFirst Deputy Interior Minister of Ukraine, Yevhen Yenin says foreign volunteers who go to Ukraine to help defend the country from Russia will be able to obtain Ukrainian citizenship if they wish.
Les mer »
Discovery of benzene in aerosol products is concerningNo one is certain why the benzene is showing up in aerosol products, but one testing...
Les mer »