Ever since Iran was denied access in 2012 to the Society for Worldwide Interbank Financial Telecommunication, a Brussels-based global banking network known as Swift, the axis of evil and its allies have intensified their search for a way to move illicit money electronically, outside the legal banking system.
Getting kicked off Swift is “like getting knocked back into the financial Stone Age,” says Joseph Humire, executive director for the Center for a Secure Free Society. “Without it, governments are reduced to physically moving around pallets of cash.”
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