Category: Sanctions

US intelligence is looking at Chinese CBDC as a national security threat

November 25, 2020

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The Director of National Intelligence wants to have the SEC’s leader briefed on the dangers of the U.S. falling behind in crypto. 5136 Total views 49 Total shares The United States national security apparatus is warning other agencies about China’s upcoming digital currency.  On Wednesday, news outlet the Washington Examiner reported on a letter that […]

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Western Union Suspends US Dollar Transfers to Cuba

November 17, 2020

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Nov 17, 2020 at 10:45 a.m. UTCUpdated Nov 17, 2020 at 2:47 p.m. UTC (The Visual Explorer/Shutterstock) Western Union Suspends US Dollar Transfers to Cuba The world’s largest money transfer service, Western Union, is suspending U.S. dollar transfers to Cuba following the latest sanction from the Trump administration. The move means U.S. customers with Cuban […]

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Cuba’s exploding crypto interest comes amid an absence of regulation

November 11, 2020

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Cuba is seeing an influx of cryptocurrency activity amid an apparent absence of related regulation in the country, according to senior executives at local crypto firms. In early November, Cuba recorded a major spike in Bitcoin (BTC)-related Google queries, indicating an increase in crypto activity in the country. Founders of major local crypto exchanges Qbita […]

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Google searches for Bitcoin are on the rise in Cuba

November 2, 2020

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Cubans are interested in Bitcoin as other major digital payment options like PayPal are unavailable. 4023 Total views 62 Total shares Cuba is apparently seeing an influx of Bitcoin (BTC)-related activity as Bitcoin interest is on the rise in the country. According to data from Google Trends, Cuba now ranks second in terms of Bitcoin […]

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