Please note, this is a STATIC archive of website www.coindesk.com from 28 Feb 2023, cach3.com does not collect or store any user information, there is no "phishing" involved.

swift

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

Markets Daily Podcast Cover
Crypto News Roundup for March 1, 2022
With bitcoin extending Monday's rally even as traditional markets signal caution, a deeper look into the Russia SWIFT ban, and why we need to update crypto terminology, CoinDesk’s Markets Daily is back with the latest news roundup.
Markets Daily Podcast Cover

(Garrett Ewald)
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.
(Garrett Ewald)

Moscow's skyline (Flickr)
Central Bank of Russia Braces for Turmoil With Nonresident Trading Ban
Nonresident holders of Russian equities won't be able to cash out, at least for now.
Moscow's skyline (Flickr)

Russian President Vladimir Putin has ordered the country's nuclear deterrence force to be on high alert, citing sanctions. (Pool/Getty)
Putin Puts Russia Nuclear Forces on High Alert Following Sanctions
The Russian president cited strong words from NATO leaders and economic sanctions as reasons for the order.
Russian President Vladimir Putin has ordered the country's nuclear deterrence force to be on high alert, citing sanctions. (Pool/Getty)

Soldiers outside a military base in Ukraine in 2014. European countries are considering removing Russia from the SWIFT interbank communications network after it invaded Ukraine in late February. (Spencer Platt/Getty Images)
EU 'Commits' to Cutting Russian Banks Off From SWIFT Over Ukraine Invasion
More member nations are showing support for imposing restrictions on Russia's access to the international banking system.
Soldiers outside a military base in Ukraine in 2014. European countries are considering removing Russia from the SWIFT interbank communications network after it invaded Ukraine in late February. (Spencer Platt/Getty Images)

Trucks lined up in Ottawa in a protest against Canada's vaccine mandate. (Minas Panagiotakis/Getty Images)
Trudeau Proved Bitcoin's Value, so Why Is It Trading Sideways?
Financial censorship in Canada is creating new crypto converts. But BTC's price isn't following - yet.
Trucks lined up in Ottawa in a protest against Canada's vaccine mandate. (Minas Panagiotakis/Getty Images)

A European swift (TheOtherKev/Pixabay)
Banks’ SWIFT Messaging System to Experiment With Tokenized Assets in Early 2022
The interbank messaging network’s experiments will use central bank digital currencies as well as established forms of payment.
A European swift (TheOtherKev/Pixabay)

nodes, world
SWIFT Go Launches Low-Cost Network With 7 Major Banks
The service might be seen as a possible threat to the real-time payments network offered by Ripple.
nodes, world