Russia Will Set Up Their Own Banking Systems Russian News Sources: (CIPS) Is a Chinese Government Payment System That Specializes in Enabling Cross-Border Payments in the National Currency of China While certain countries (such as the United Kingdom, Poland, and Lithuania) are lobbying hard for Russia to be kicked out of SWIFT, the worldwide electronic payment-messaging system, many others are wary of pursuing the so-called "nuclear option" for fear of negative consequences. "The EU isn't on board with removing Russia from SWIFT for one thing because the EU isn't on board with giving up Russian energy," said Erik Meyersson, a...