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In 2017, Russia’s Central Bank Governor Elvira Nabiullina told President Vladimir Putin that Russia's banking sector had been provided with all the necessary conditions for operating lenders and payment systems in case of disconnection from SWIFT. According to the regulator, 90 percent of ATMs in Russia were ready to accept the Mir payment system, a domestic version of Visa and MasterCard.... Zero HedgeRussian Deputy PM: Our Banks Are Ready To Turn Off SWIFT Tyler Durden Also Simply put, Carstens argues that there is a "strong case" for authorities to rein in digital currencies because of their links to the established financial system... “If authorities do not act pre-emptively, cryptocurrencies could become more interconnected with the main financial system and become a threat,” he
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In 2017, Russia’s Central Bank Governor Elvira Nabiullina told President Vladimir Putin that Russia's banking sector had been provided with all the necessary conditions for operating lenders and payment systems in case of disconnection from SWIFT. According to the regulator, 90 percent of ATMs in Russia were ready to accept the Mir payment system, a domestic version of Visa and MasterCard.... Zero HedgeRussian Deputy PM: Our Banks Are Ready To Turn Off SWIFT Tyler Durden Also Simply put, Carstens argues that there is a "strong case" for authorities to rein in digital currencies because of their links to the established financial system... “If authorities do not act pre-emptively, cryptocurrencies could become more interconnected with the main financial system and become a threat,” he
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Mike Norman considers the following as important:
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In 2017, Russia’s Central Bank Governor Elvira Nabiullina told President Vladimir Putin that Russia's banking sector had been provided with all the necessary conditions for operating lenders and payment systems in case of disconnection from SWIFT. According to the regulator, 90 percent of ATMs in Russia were ready to accept the Mir payment system, a domestic version of Visa and MasterCard....Zero Hedge
Russian Deputy PM: Our Banks Are Ready To Turn Off SWIFT
Tyler Durden
Also
Simply put, Carstens argues that there is a "strong case" for authorities to rein in digital currencies because of their links to the established financial system...“If authorities do not act pre-emptively, cryptocurrencies could become more interconnected with the main financial system and become a threat,” he said.
Zero Hedge
BIS Chief Fears "Systemic Threat" Of Bitcoin, Urges "Pre-emptive Action" From Authorities
Tyler Durden