But let’s start with a comparison of Russia’s central banking system to that of the U.S. Federal Reserve. The systems are very different. One must first understand that Russia is now officially ‘disconnected’ from the Western banking order. Not only has it been cut from SWIFT, but it’s also been booted out of BIS, or Bank of International Settlements, which is the most powerful institution and central node of the entire Western global financial network.

https://simplicius76.substack.com/p/russias-cbdc-exploring-the-truth?

edit added snip

As a quick digression to clear the plate—we all know by now that Putin’s previous designation by Klaus Schwab as a ‘Young Global Leader’ was in fact a lie