Finextra: Swift ban extended to Belarus
        
            09 March 2022
        
        Three Belarusian banks have been excluded from the Swift financial messaging network as the EU imposes further financial sanctions against warring forces in Uktaine. 
        
        
        
            
	For Belarus, the measures introduce Swift prohibitions similar to those
 in the Russia regime, blocking access to Belagroprombank, Bank 
Dabrabyt, and the Development Bank of the Republic of Belarus, as well 
as their Belarusian subsidiaries.
Reflecting fears that Russia 
may attempt to use cryptocurrencies to subvert financial sanctions, the 
EU confirmed the common understanding that "loans and credit can be 
provided by any means, including crypto assets".
With this in 
mind, the bloc has clarified that crypto assets fall under the scope of 
'transferable securities' and are subject to the same restrictions 
already in place for other asset classes. 
Finextra
        
        
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