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Or Russia's new SWIFT alternative that they stood up after the west threatened SWIFT censorship after they annexed Crimea? https://en.wikipedia.org/wiki/SPFS h
by anonporridge 5y ago
Or Russia's new SWIFT alternative that they stood up after the west threatened SWIFT censorship after they annexed Crimea?
https://en.wikipedia.org/wiki/SPFS https://en.wikipedia.org/wiki/SPFS
- rtsil 5y agoIf what the link says is true, that alternative includes only 23 foreign banks, as opposed to over 11,000 for SWIFT.
- anonporridge 5y agoFair, but if the US pulls the trigger on SWIFT censorship, that may not be completely destructive, and will only incentivize further expansion of the SPFS network to make the SWIFT attack less powerful next time.