SWIFT payments network to cut access to crypto exchanges | Asia Markets \ stacker news ~bitcoin

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SWIFT payments network to cut access to crypto exchanges | Asia Markets www.asiamarkets.com/swift-network-cuts-access-to-cryptocurrency/

1 sat \ 9 comments \ @ek 21 Jan 2023 bitcoin

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13 sats \ 1 reply \ @cryptocoin 22 Jan 2023

The article title is wrong.

There is an update in the middle of the article that describes that Binance said it was Signature Bank that has made the change, and it is for all Signature Bank's clients that are "crypto" / exchange related.

Also, here is additional information that has been shared. Binance has relatively very few customers that are using Signature Bank:

Binance said it’s “actively working to find an alternative solution,” in the statement. And that “0.01% of our average monthly users are serviced by Signature Bank.”

Binance Says Signature Sets Transaction Minimum Amid Pullback https://www.bloomberg.com/news/articles/2023-01-22/binance-says-signature-sets-transaction-minimum-amid-pullback [Archive]

0 sats \ 0 replies \ @247bf84fda 25 Aug freebie

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0 sats \ 1 reply \ @f6287b82CC84bcbd 22 Jan 2023

This is what bitcoin is made for.

Freedom money vs Total control money.

0 sats \ 0 replies \ @247bf84fda 25 Aug freebie

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0 sats \ 1 reply \ @KingZing 22 Jan 2023

Not confirmed yet apparently.

0 sats \ 0 replies \ @247bf84fda 25 Aug freebie

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0 sats \ 1 reply \ @mf 21 Jan 2023

They are just justifying the use of btc. No one wants to have their money stuck.

0 sats \ 0 replies \ @247bf84fda 25 Aug freebie

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0 sats \ 0 replies \ @247bf84fda 25 Aug freebie

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