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Re:A quick breakdown of what SWIFT is and why it matters by landemva on Saturday February 26, 2022 @12:35AM (#30475422)
In part, one of the points is to disallow a country from forcing bank depositor bail-ins. Like 2013 in Cyprus. https://www.theatlantic.com/business/archive/2013/03/everyth...

The country north of USA targeted a certain group and took their funds earlier this month. https://www.insurancejournal.com/news/international/2022/02/...

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