Will the United States cut Russia off from the SWIFT system by 2023?

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“ “Some call it the "nuclear option." It doesn't involve weapons though. As U.S. President Joe Biden's administration considers economic threats to thwart what it fears is a new Kremlin plan to invade Ukraine, there is one option that is reportedly on the short list: cutting Russia off from the global electronic-payment-messaging system known as SWIFT. It would be an unprecedented move against one of the world's major economies. The White House has not confirmed it is threatening to disconnect Russian banks from SWIFT, which stands for Society for Worldwide Interbank Financial Telecommunication.” https://www.rferl.org/amp/russia-swift-nuclear-option/31601868.html “The officials declined to say whether the United States was prepared to cut Russia off from the SWIFT system, which executes global financial transactions between more than 1,100 banks in 200 countries. But European officials say they have discussed that possibility — something most major European powers had declined to consider until recently, for fear that Russia might retaliate by attempting to cut off gas and oil flows in the winter, even briefly.” https://www.nytimes.com/2022/01/08/us/politics/us-sanctions-russia-ukraine.html ————————————————————————— This question resolves positively if the United States cuts Russian banks out of the SWIFT system, regardless of whether they are later allowed back in. Jan 14, 3:36pm: This question resolves on 1/1/2023 or after the US cuts Russia from the SWIFT system, whichever comes first. #RussiaUkraine

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https://twitter.com/Billbrowder/status/1481385087690227714 BREAKING: Draft Russian sanctions bill coming out of the senate includes cutting Russia off of the SWIFT banking system if they invade Ukraine. The US used this against Iran and it set them back to the economic dark ages.

Sorry -- there's a bug at the moment where the resolution year doesn't show up in the description. It's on our backlog to fix!

could you clarify the date? I am assuming this resolves on 1/1/2023.

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