SWIFT


Finance

Mastercard CEO Teases CBDC Panel: SWIFT May Not Exist in 5 Years

Michael Miebach joined a panel on central bank digital currencies during the World Economic Forum's annual meeting.

Yuval Rooz (left), Jennifer Lassiter, Michael Miebach, David Treat and Jon Frost (Sandali Handagama/CoinDesk)

Opinion

Why Russian Sanctions Could Push Corporations Towards Crypto

The sudden disconnection of Russia from the global financial system is a moment for reflection. But economic fragmentation has a cost.

(Patrick Meinhardt/Bloomberg via Getty Images)

Videos

Optimas CEO on Inflation: Fed Chair Powell Will ‘Turn to Quantitative Easing Within 6–7 Months’

Optimas CEO and founder Octavio Marenzi shares his insights on Fed Chair Jerome Powell’s plans for a quarter-point rate hike later this month, believing this is only a short-term concern and Powell is likely to utilize quantitative easing (QE) within the next six to seven months.

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Opinion

Bitcoiners Were Right: Weaponized Finance Just Created a Post-Dollar Planet

A wave of sanctions hitting Russia highlights the complex web of connections that make up contemporary global society – and its ultimate fragility.

A sign displays forex rates to the ruble at an exchange bureau in Moscow on Monday. (Getty Images)

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Finance

Top Russian Bank Quits Europe, Citing Sanctions: Report

The European Central Bank had ordered the closure of Sberbank's European unit over Ukraine conflict.

Sberbank is dropping out of EU markets citing sanctions (Milan Jaros/Bloomberg via Getty Images)

Policy

EU Excludes 7 Russian Banks From SWIFT

The bloc is also studying whether crypto is being used to evade sanctions.

A European swift (TheOtherKev/Pixabay)

Markets

First Mover Asia: China’s Potential SWIFT Competitor CIPS Won't Help Russia Much; Bitcoin, Ether Rise Again

The Chinese system has just 75 members and processes only a fraction of the transactions that SWIFT handles.

Kyiv. (Photo by Chris McGrath/Getty Images)

Policy

Russian Sanctions May Test Crypto's Proposition

Parts of Russia are about to be cut off of the global financial system.

The Russian ruble lost value relative to the dollar after global sanctions were enacted. (Andrey Rudakov/Bloomberg via Getty Images)

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Markets

First Mover Asia: The Petroyuan Is No Russia Sanctions Buster; Bitcoin 15% Gain Is Largest in a Year as Investors See Opportunity for Crypto

The People's Bank of China maintains strict capital controls over the country's currency; bitcoin rose over $43,000 and most other major cryptos were well into the green.

(Swift)

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