MikeCristo8: China is Going to Force the BIS to Plug into the QFS

MikeCristo8
@MikeCristo8

The BIS is trying to goad Russia and China back into SWIFT’s sphere.

Without China – Russia using SWIFT,

The BIS is going to become irrelevant as BRICS New Development Bank takes over mbridge.

The BIS is desperate to remain relevant and to try to regain control of the Dollar reserve.

https://www.forbes.com/sites/digital-assets/2024/06/23/cross-border-cbdc-focused-project-mbridge-moves-forward

12:07 PM · Jun 24, 2024

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MikeCristo8
@MikeCristo8

The @BIS_org is starting to catch on that they’re no longer going to run the show.

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MikeCristo8
@MikeCristo8

China is going to force the @BIS_org to plug into the QFS.

This is going to be fun to watch.