I think this is only the specific bank they use, not SWIFT in general
**SWIFT payments network access cut to crypto exchanges**
We are once again entering the *then they fight you* phase.
*“The banking partner that services your account has advised that they are no longer able to process SWIFT fiat (USD) transaction for individuals of less than $100,000 USD as of February 1, 2023. This is the case for all their crypto exchange clients,” said Binance.*
[Source](https://www.asiamarkets.com/swift-network-cuts-access-to-cryptocurrency/)
Discussion
Correct. This appears to be just one bank, Signature Bank, and not all all of SWIFT. The article was updated with a statement from Binance at the bottom.