3 ms·
Or CIPS which will likely undercut this attempt of isolating Russia’s financial system.
by digianarchist 5y ago
Or CIPS which will likely undercut this attempt of isolating Russia’s financial system.
- JumpCrisscross 5y ago> Or CIPS which will likely undercut this attempt of isolating Russia’s financial system This is almost expected. The calculation being that Russia is safer as a Chinese vassal than a regional power. Settling via CIPS is also more burdensome and thus expensive than settling via SWIFT.