UK Pushing To Kick Russia Out Of SWIFT, But Germany Says No | Crypto Craft

  • UK Pushing To Kick Russia Out Of SWIFT, But Germany Says No

    From zerohedge.com

    Yesterday we reported that in an unexpected twist, Russia's Ministry Of Finance had submitted a bitcoin bill proposal, surprising because until now Russia's central bank has called for a complete ban on the trading and mining of bitcoin, setting up a conflict with the Ministry of Finance, which has been far more favorably positioned vis-a-vis cryptos. One reason for the favorable view by the Russian Ministry is that it has long been suggested that the west could expel Russia from SWIFT, effectively kicking Russia out of the entire dollar-payment system, and leaving Russia with few payment alternatives, one of which ... (full story)

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traderathome
Feb 24, 2022 11:26am — Edited
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"....Pushing To Kick Russia Out Of SWIFT....." And long overdue, too!

And in conjunction, we should march our "peacekeeping forces" into Switzerland and dismantle Credit Suisse, the most corrupt bank in the world, operating under their unique secrecy laws that keep their corruptions from the light of day. Russian mafia, gun runners, drug lords, corrupt dictators fleecing their own countries, human traffickers, politicians.....name it and if they need to hide money, Credit Suisse is their bank of choice. All in my opinion, of course, but now coming to light is some of this stuff......Panama Papers, etc.
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Banditten
Feb 24, 2022 12:25pm
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Quoting cryptocow
Should be good for BTC.
Sure, right until Russia starts using BTC and other crypto to trade and it will be banned.
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MaverickCT
Feb 24, 2022 11:43am
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And now they argue ....AND ... nothing gets done
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flyingkiwi
Feb 24, 2022 2:10pm
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Typical EU response - We will support you !!!

(psstt so long as it doesn't cost anything !!!)
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Goat
Feb 24, 2022 12:05pm
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HELL YES!!!
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Banditten
Feb 24, 2022 11:56am
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Germany is a disaster but it was predictable that they were not willing to do the necessary sacrifice. One mistake doesnt justify another. Get in the game.
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cryptocow
Feb 24, 2022 11:51am
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Should be good for BTC.
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ucmenow
Feb 24, 2022 12:35pm
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SWIFT is slow expensive and outdated.
The entire world will be replacing SWIFT.

WW1 = rise of big oil
WW2 = rise of big pharrma
WW3 = rise of big tech

The whole world is a stage
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Hassa9
Feb 24, 2022 12:03pm
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