Tagged: cuba

Report: Cubans Using Cryptocurrencies to Buy Products Abroad

Some Cubans fed up with being frozen out of global commerce by decades-old US sanctions have started using cryptocurrencies to transact online, Reuters reports. Jason Sanchez, for instance, who runs a cellphone repair shop in Havana, has been using cryptocurrencies to purchase spare parts for… Read More

John McAfee Offers Blockchain Assistance to Cuba to Create Cryptocurrency, Meanwhile Cuba Remains the Target of US Sanctions

Crypto advocate and iconoclast John McAfee is offering his knowledge and skill set to the country of Cuba if the country decides to pursue its own cryptocurrency. As was reported this past week, Cuba is apparently reviewing a bespoke crypto. According to Cuban Economy Minister… Read More

Report: Cuba “Studying the Potential Use of Cryptocurrencies…in National and International Commercial Transactions”

Cuban Economy Minister Alejandro Gil Fernandez has told the Cuban public that, together with academics, his ministry is, “studying the potential use of cryptocurrency…in our national and international commercial transactions.” Fernandez made the comments in a recent roundtable discussion of intended economic reforms broadcast on… Read More

Kickstarter Stands Up For Cuba’s Creative Community As President Obama Makes Historical Visit

In celebration of President Obama’s historical trip to Cuba, Kickstarter co-founder Yancey Strickler took to the crowdfunding platform’s blog to reveal the importance of supporting the country’s creative community. Strickler penned: “Today President Obama is in Havana during a historic visit to Cuba. He’s the… Read More

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