this post was submitted on 26 Jul 2024
56 points (96.7% liked)

World News

32511 readers
513 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Aria@lemmygrad.ml 2 points 5 months ago

I don't know. The article quotes the Russian ambassador saying it needs to integrate with the banks and whatever systems are in place currently for each country, but that doesn't necessarily mean SWIFT as well. But even if it's a direct competitor, the possibility of future SWIFT integration has to be considered. I'd be surprised if they blanket never wanted it to happen.