The CBDC platform’s experimental design approach to three fundamental concerns of access, jurisdictional boundaries, and governance proven to be effective. With the central banks of
Let’s be cautious about vilifying the only tool at our disposal for preventing financial hardship for Ukrainians and Russians. Israeli serial entrepreneur Ariel Shapira analyses
The commission’s decision to exclude six Russian banks from the SWIFT cross-border payment network in February triggered the increase of penalties. The European Commission has
A new wave of sanctions aimed at Russia emphasises the intricate web of interconnections that characterises modern global civilization – and its ultimate fragility. In
Inflation in the eurozone jumped to 5.8% in February, far beyond the European Central Bank’s target of 2%, owing to the escalation of sanctions against
Venezuelan analysts are concerned by the expulsion of a number of Russian institutions from SWIFT, an international messaging system that allows banks to communicate with
The move comes after Ukraine’s Vice Prime Minister, Mykhailo Fedorov, called on cryptocurrency exchanges to restrict Russian customers’ addresses. For fear of being identified with
To shift funds, banks must send communications. Sanctions against Russia emphasize Beijing’s need to cut ties with the US-dominated system. Cutting off some Russian banks’
Crypto trade volumes in rubles are increasing as a result of the West’s harsh sanctions against Russia, which are causing a flight away from Russia’s
The order was based on tough remarks from NATO leaders and economic sanctions, according to Russian President Vladimir Putin. Russian President Vladimir Putin threatened to
Russia’s access to the international banking system is being restricted by a growing number of member countries. As more member countries came out in support
