Microsoft's ICC blockade: digital dependence comes at a cost
www.techzine.eu
In February, the United States imposed sanctions on the International Criminal Court (ICC) in The Hague. As a result, Chief Prosecutor Karim Khan has no

The world should wake up from tech dependence. Let the EU massively invest in FOSS.

Edit: as raised by comments, my title was not incorrect but did omit that it’s actually the US that imposed sanctions, to which MS chose to comply. Changed the title.

  • barsoap@lemm.eeEnglish
    3·
    2 days ago

    On top of that SWIFT doesn’t even do payments. That is, it doesn’t transfer money, it provides a communication interface that banks use to talk about payments, the actual money transfer takes place separately via T2 (in Europe) or elsewhere via correspondent accounts.

    If they tried to handle actual money they would not have the market share that they have. Iran is semi-sanctioned right now, that is, select banks are cut off. It’s illegal under EU law to comply with US sanctions against US or Cuba so you can be sure that the commission came up with the precise list of what to block and what not so they’d hit the revolutionary guard but not random carpet or saffron traders.