Traditional international payments and markets have been cut off due to a U.S. trade embargo and sanctions. One estimates cites approximately 10,000 Cubans are using digital currencies.
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Cuba’s mobile internet has enabled users to more easily make cryptocurrency transactions, and as such, skirt some of the sanctions levied against the communist nation. So reports Reuters.
Traditional international payments and markets have been cut off due to a U.S. trade embargo and sanctions. One estimates cites approximately 10,000 Cubans are using digital currencies.