Derek Ross on Nostr: **SWIFT payments network access cut to crypto exchanges** We are once again entering ...
**SWIFT payments network access cut to crypto exchanges**
We are once again entering the *then they fight you* phase.
*“The banking partner that services your account has advised that they are no longer able to process SWIFT fiat (USD) transaction for individuals of less than $100,000 USD as of February 1, 2023. This is the case for all their crypto exchange clients,” said Binance.*
[Source](https://www.asiamarkets.com/swift-network-cuts-access-to-cryptocurrency/)
We are once again entering the *then they fight you* phase.
*“The banking partner that services your account has advised that they are no longer able to process SWIFT fiat (USD) transaction for individuals of less than $100,000 USD as of February 1, 2023. This is the case for all their crypto exchange clients,” said Binance.*
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[Source](https://www.asiamarkets.com/swift-network-cuts-access-to-cryptocurrency/)