Cuba’s government is considering using cryptocurrency to bypass US sanctions

Cuba’s government is considering using cryptocurrency to bypass US sanctions
ôîòî ïîêàçàíî ñ : thenextweb.com

2019-7-3 12:03

Cuba‘s government is eyeing the potential use of cryptocurrency to boost its economy. The proposal forms part of a series of measures seeking to improve the country’s deepening criss exacerbated by US sanctions.

The new measures were announced this week by President Miguel Diaz-Canel and his government on state-run TV and promise to raise income for around a quarter of the population. The objective is to increase national supply and demand with a view of boosting growth as sanctions imposed by US President Donald Trump target foreign investment and tourism. Speaking on TV, Alejandro Gil Fernandez, the country’s Minister of Economy…

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government sanctions → Ðåçóëüòàòîâ: 57


Cuba Studying Cryptocurrency Use to Bolster its Economy Amidst Crisis

Cuba eyeing the use of cryptocurrency in national and international commercial transactions, aiming at decentralization as well This is part of the country’s measures to boost its economy amid crisis, exacerbated by US sanctions Cuba’s Communist government has been studying the potential use of cryptocurrency as part of the measures to boost its economy amidst […]

2019-7-3 20:20


Cryptocurrency transactions could be the savior as Cuba mulls over ways to evade US-imposed sanctions

Is there any other currency that can be used to pay for pineapple pizzas and escape the economic sanctions imposed by the most powerful country in the world. Yes, there is. According to Reuters, the communist government of Cuba announced on July 2 that it was mulling the “potential use” of cryptocurrencies, in order to […] The post Cryptocurrency transactions could be the savior as Cuba mulls over ways to evade US-imposed sanctions appeared first on AMBCrypto.

2019-7-3 12:00


Expert Believes Petro Cryptocurrency Is Helping Venezuelan People Bypass Sanctions

Venezuelan Petro Moves Towards A New Phase The Petro is now accepted in many shops in the country, according to Ricardo Baptista, the director of the Latin American Cryptoeconomy Corporation, the Venezuelan government wants to help the economy by promoting the use of virtual currencies, including the government-backed Petro. The goal is to solve the […]

2019-6-10 02:49


Recent Russian Rumor Resurfaces Saying Country is Buying 1 Million Bitcoin Worth Billions to Avoid US Sanctions

Is There Any Truth to the Recent Rumor That Russia Has Just Bought a Million Bitcoin (BTC) Coins? If controversial crypto commentator Vladislav Ginko is to be believed, the Russian government has recently purchased a massive total of 1 Million BTC tokens from unknown sources. Ginko, who claims to be a tenured professor at the […]

2019-2-24 19:24


Venezuela to Use Petro Cryptocurrency in International Oil Trade

The government of Venezuela recently announced the intended sale of its oil using the Petro cryptocurrency to circumvent U. S economic sanctions come 2019. Circumventing U. S. Sanctions According to Venezuela-based satellite tv, TeleSUR, Venezuelan President, Nicolas Maduro announced that country would create a basket of cryptocurrency for oil-backed state cryptocurrency, Petro.

2018-12-8 12:14


Iranian Bitcoin Trader Receiving US Sanctions Affirms Innocence In Wrongful Address Blacklisting

An Iranian Bitcoin trader called Mohammad Ghorbaniyan says that the government of the United States accused him of something that he did not do. According to the U. S. Treasury Department’s Office of Foreign Assets Control (OFAC), the man would belong in a sanctions list that cut him out of all the American financial system. […]

2018-12-5 08:51


New US Economic Sanctions Leads To Multiple Iran Crypto Exchanges Leaving The Islamic Republic

New Economic Sanctions in US Leads To Withdrawal of Multiple Crypto Exchanges From Iran In an announcement from the US government, new economic sanctions have been established that will prevent the majority of the world from using many of Iran’s major resources, including their oil, shipping, and gas market. Their financial system is included in […]

2018-11-8 01:18


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