Among the most severe tools in the U.S. and NATO’s arsenal would be cutting Russia off from SWIFT, the financial communications network underpinning transactions worldwide. Over the past few years, we’ve been hearing more and more that some countries – namely, Russia and China – are looking to either create or work with a financial system independent of the U.S.
Source: https://www.coindesk.com/policy/2022/02/23/canada-russia-and-cryptos-place-in-the-world/?utm_medium=referral&utm_source=rss&utm_campaign=headlines