Cuban President Discusses Adopting Cryptocurrencies for the ‘Convenience’ of the National Economy

Cuban President Talks About Possibly Adopting Cryptocurrencies at the 'Convenience' of National EconomyCuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean island discussed crypto assets once again during a virtual currencies topic on the summit agenda, talking about the possibility to consider it for future economic plans. Discussions Underway Despite Domestic […]

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Communist Party of Cuba Suggests Including Cryptocurrencies as an Alternative to Deal With Economic Crisis

Communist Party of Cuba Suggests to Include Cryptocurrencies as an Alternative to Deal With Economic CrisisWhen a country faces a severe economic crisis or living in a long-lasting political turmoil, cryptocurrencies are often discussed as an alternative to deal with the tough times. Although cryptos are not an unfamiliar issue in Cuba, the Communist Party of Cuba (PCC) has been recently showing interest in digital assets to face the economic […]

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End of Western Union Remittance Service to Cuba a Boon for Crypto

End of Western Union Remittance Service to Cuba a Boon for CryptoAs new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October 27, gave Western Union 30 days to implement new restrictions. The new rule is likely […]

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