3 ms·
>The actual reason is because SWIFT gives the US/EU visibility into all inter-bank transfers But like clearly it doesn't if Russia and China have their own sys
by s_dev 5y ago
>The actual reason is because SWIFT gives the US/EU visibility into all inter-bank transfers
But like clearly it doesn't if Russia and China have their own systems. How would Swift reveal Russian/Chinese internal transactions?
- dogman144 5y agoDoesn't have to reveal all transactions to be of extreme value on the whole.
- s_dev 5y agoGiven the the EU did remove all of Russian from SWIFT. A lot of these replies are looking very speculative and a bit silly -- simply imagining convoluted explanations where are none like "kicking Russia out of Swift will hurt Europe more".
- gonzo 5y agoLack of traffic is also g2.