The Cuban National Assembly passed a set of reforms that would open the Cuban system to private investment and private banks in the island’s financial system. The measure came after the Trump Administration imposed sanctions on the Cuban state oil company, Unión Cuba-Petróleo (CUPET). Cuba Backpedals On Socialism With New Economic Reforms Cuba, one of […]
]]>
The Central Bank of Cuba announced that the interruption of the credit companies’ activities was linked to the suspension of foreign bank services that processed these transactions. The bank stressed this was a consequence of the expanded sanctions regime on Cuba. Mastercard And Visa Stop Processing Payments In Cuba Mastercard and Visa, two of the […]
]]>
Hodl Hodl, a non-custodial Bitcoin exchange, has announced changes to its “Terms of Service” agreement affecting the availability of its lending services. The platform is now excluding residents of the U.S. as well as U.N. embargoed countries from its lending platform, citing “regulatory uncertainty” as the reason behind these changes. Hodl Hodl to Exclude US […]
]]>
Cointelegraph’s latest documentary takes viewers to Cuba, the land of classic cars, communism, hyperinflation and Bitcoin.
]]>
Private businesses could be poised to benefit from the cryptocurrency revolution in one of the world’s harshest business environments – Cuba.
Powered by WPeMatico
]]>
The Cuba Bitcoin community hosted the country’s first-ever Bitcoin-only meetup in Havana over the weekend, attended by 60 crypto-curious Cubans.
Powered by WPeMatico
]]>
Sergey Lavrov, the Russian foreign minister, started his tour of Latin America on April 17, landing first in Brasilia to hold high-level talks with Brazilian President Luiz Inacio ‘Lula’ da Silva and Brazilian Foreign Minister Mauro Vieira. Lavrov insisted that Russia was building a “multipolar” world, while Vieira rejected the unilateral sanctions enacted against Russia. […]
Powered by WPeMatico
]]>
Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei, and Tiktok, opponents of the bill believe one of its provisions will punish ordinary Americans for leveraging a […]
Powered by WPeMatico
]]>
OpenSea’s terms of service explicitly prohibit individuals and organizations from sanctioned regions from using its platform.
Powered by WPeMatico
]]>
Several small investors have manifested that the constant blackouts in several parts of Cuba have made cryptocurrency mining unsustainable, leaving them unable to operate their rigs. The blackouts also affect telecommunications, leaving some of these operations that rely on off-grid power plants without the internet needed to complete mining tasks. Cryptocurrency Mining in Cuba Not […]
Powered by WPeMatico
]]>