Podcast: What Is SWIFT and How It Impacts Russia | Weekly Roundup

Jason Yanowitz and Santiago Roel Santos are joined by Simon Taylor to discuss SWIFT, stablecoins and why they both apply to Russia and Ukraine

article-image

share

In the latest episode of “Empire,” Weekly Roundup, Blockworks’ Jason Yanowitz and Santiago Roel Santos are joined by Simon Taylor for a deep dive into the very relevant topic of SWIFT.

With recent sanctions placed on Russia, Simon explains what this means for the Russian economy going forward. Simon, Jason and Santiago dispel some misnomers and create a concrete definition of everybody’s current question: What is SWIFT?

Jason and Santiago also talk about:

  • Stablecoins as a geopolitical weapon
  • Nostro vs. Vostro accounts
  • How SWIFT works
  • And so much more

Check out what they had to say in the video below. 👇

About the show

“Empire” is a twice-a-week show. On Thursdays, Jason interviews crypto industry movers and shakers to talk about their struggles, bold moves and tough decisions. Friday’s weekly roundup episodes feature co-host Santiago Roel Santos and cover the top news from the past week.

For any NPR or Guy Raz fans out there, you can think of “Empire” as a “How I Built This” for the bitcoin and crypto industry.

Subscribe to “Empire” today on Apple or Spotify. Watch episodes on YouTube.


Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.


Tags

Upcoming Events

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Avail.jpg

Research

Data publishing costs have historically been a bottleneck for rollups, and as more rollups launch, interoperability will continue to be a major challenge. Avail presents a potential solution to rollup fragmentation through its three products: Avail DA, Nexus, and Fusion, which together aim to unify the web3 experience.

article-image

Celo’s layer-2 will aim for a summer 2024 testnet

article-image

Like any new idea, restaking protocols will need a long break-in period to ensure their technical safety — but that’s doesn’t mean they’re not extremely promising

article-image

The Nakamoto upgrade will enhance transaction throughput and enable Bitcoin finality for layer-2 transactions

article-image

Miners may not have even noticed the halving took place over the weekend, with fees largely making up the difference so far

article-image

Research analyst Mark Palmer starts coverage of the bitcoin miner and puts its price target 50% higher than its current level

article-image

Runes, crypto taxes and Binance’s execs stuck in Nigeria