Cuba

Cuba Bans Small Business From Using US Bank Accounts
Cuba Bans Small Business From Using US Bank Accounts
July 26, 2024  |  SMBs

Cuba has reportedly banned its small businesses from using U.S. bank accounts, just weeks after the Biden administration allowed Cubans to use the banking system....

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Cuba Implements Regulations to Combat Inflation and Off-the-Books Economy
Cuba Implements Regulations to Combat Inflation and Off-the-Books Economy
August 03, 2023  |  Regulation

The Cuban Central Bank has issued new regulations designed to address runaway inflation and the large off-the-books economy that has developed in the midst of...

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Biden Wants Cuba Remittances Policy ‘Tough on the Regime and Soft on the Cuban People’
Biden Wants Cuba Remittances Policy ‘Tough on the Regime and Soft on the Cuban People’
November 07, 2021  |  International

The White House is seeking “innovative options” to restart remittances to Cuba, it said when sending back some recommendations that had been made by the...

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Dubai’s SFM Corporate Services Accepts Crypto Payments
Dubai’s SFM Corporate Services Accepts Crypto Payments
September 02, 2021  |  B2B Payments

Dubai-based SFM corporate services, which has helped investors and entrepreneurs incorporate businesses in nearly 25 countries, has seen a 10% increase in business since it...

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Cuba Officially Endorses Crypto For Payments
Cuba Officially Endorses Crypto For Payments
August 27, 2021  |  Cryptocurrency

Cuba is opening the door to cryptocurrencies, allowing the digital currency to be used for payments in the country after it explores a framework for...

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Bitcoin Daily: Cubans Use Cryptocurrencies For Remittances In Wake Of US Sanctions; Swiss National Bank, BIS Test CBDC Integration
Bitcoin Daily: Cubans Use Cryptocurrencies For Remittances In Wake Of US Sanctions; Swiss National Bank,...
December 03, 2020  |  Bitcoin

About 10,000 Cubans have turned to bitcoin and altcoins, including ethereum and dogecoin, to skirt around U.S. sanctions, according to a report from Deutsche Welle’s...

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Cubans Using Crypto To Get Around US Sanctions
Cubans Using Crypto To Get Around US Sanctions
September 15, 2019  |  Cryptocurrency

Cubans are turning to digital currencies to get around U.S. sanctions. With the U.S. trade embargo prohibiting Cubans from obtaining credit or debit cards for...

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Crypto Touted As Cuba’s US Embargo Lifeline
Crypto Touted As Cuba’s US Embargo Lifeline
July 08, 2019  |  Cryptocurrency

Tech guru John McAfee claims he can help Cuba by launching a cryptocurrency that overcomes a U.S. trade embargo. In an interview, McAfee also revealed...

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Bitcoin Daily: Cuba Considers Using Crypto To Boost Economy; France Sees Spike In Complaints From Crypto Investors
Bitcoin Daily: Cuba Considers Using Crypto To Boost Economy; France Sees Spike In Complaints From...
July 05, 2019  |  Bitcoin

Cuban President Miguel Díaz-Canel has announced a plan to use cryptocurrencies to boost his country’s ailing economy. The proposal is part of a series of...

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