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 Treasury Department and State Department, Reuters reported Friday (Nov. 5). The President Joe Biden administration wants to allow Cuban Americans...
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 started accepting cryptocurrency as payment for business formation services, Gulf Business reported Thursday (Sept. 2). SFM will accept bitcoin, Ethereum,...
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 regulations and licensing, the Associated Press and other news outlets reported on Friday (Aug. 27). Cuba, cryptocurrencies, payments The island’s...
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 Spanish-language service, reported CryptoNews. Cubans overseas use BitRemesas, a crypto exchange, to essentially transfer money to family in Cuba through...
August 03, 2023
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 the country’s economic crisis. The regulations, which went into effect Thursday (Aug. 3), put a limit of 5,000 pesos on cash transactions between state and private businesses and bans those […]
November 07, 2021
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 Treasury Department and State Department,...
August 27, 2021
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 regulations and licensing, the Associated...
December 03, 2020
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 Spanish-language service, reported CryptoNews. Cubans...
