14 Nov 2018

Iran prepares cryptocurrency as US cuts SWIFT services

Iranian access to the SWIFT financial system has now been cut off as part of US sanctions against the regime. While the SWIFT system is supposed to be an independent entity, the US has demonstrated its influence and control over it in this instance, leading critics to more actively support

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23 Aug 2018

Germany calls for end to US hegemony in global payments system

The German foreign minister argued that the world needs an independent global payments system that would increase their autonomy and remove them from the shadow of heavy U.S. influence. U.S. departure from the Iranian deal and their return of sanctions underscores U.S. control over international payments, a control that continues

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