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Can BRICS Dethrone World Bank and IMF? Why Cuba Is Betting on Its Growing Dominance
20.10.2024
BRICS is emerging as a potential alternative to the World Bank and International Monetary Fund (IMF), challenging the dominance of Western-led financial institutions, according to Cuba’s Permanent Representative to the United Nations. With major economies like China and Russia among its members...
P2P Bitcoin Exchange Hodl Hodl Suspends Lending Services for US and UN Embargoed Countries’ Residents
25.5.2024
Hodl Hodl, a non-custodial Bitcoin exchange, has announced changes to its “Terms of Service” agreement affecting the availability of its lending services. The platform is now excluding residents of the U.S. as well as U.N. embargoed countries from its lending platform, citing...
Latam Insights: Vitalik Buterin Praises Argentina, Brazilian Banks Test Microsoft CBDC Privacy Solution
1.1.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Ethereum co-founder Vitalik Buterin praises Argetina’s moves, Brazilian banks introduce Microsoft privacy solutions in digital real tests, and Mi Primer...
The Truth Behind Cuba’s Bitcoin Revolution: An on-the-ground report
4.10.2023
Cointelegraph goes to Cuba to see how some Cubans use Bitcoin to secure a better economic future
The Truth Behind Cuba’s Bitcoin Revolution: Video
18.9.2023
Cointelegraph’s latest documentary takes viewers to Cuba, the land of classic cars, communism, hyperinflation and Bitcoin
El Salvador Launches Pilot Project to Include Bitcoin Content in School Curriculums
8.9.2023
The Ministry of Education in El Salvador partnered with Mi Primer Bitcoin (MPB), a nonprofit educational organization, to make Bitcoin-related content part of the school curriculum in the country. The pilot program will train 150 teachers to impart Bitcoin education, bringing the program to...
Bitcoin in Cuba: Why some Cubans are adopting BTC to escape ‘The Matrix’
16.6.2023
Private businesses in Cuba could be poised to benefit from the cryptocurrency revolution in one of the world’s harshest business environments
Cuban President: Ditching US Dollar Frees Countries From Sanctions and Aggression
3.6.2023
Cuba’s president, Miguel Diaz-Canel, says the U.S. dollar’s global reserve currency status enables the United States to pursue an “aggressive hegemonistic policy of building walls, imposing punitive sanctions, blackmail, aggression, and slander.” He added that the BRICS economic bloc...
Cuba Bitcoin community hosts BTC-only meetup
31.5.2023
The Cuba Bitcoin community hosted the country’s first-ever Bitcoin-only meetup in Havana over the weekend, attended by 60 crypto-curious Cubans
Russian Foreign Minister Sergey Lavrov Explains ‘Multipolar’ World View in Brazil
19.4.2023
Sergey Lavrov, the Russian foreign minister, started his tour of Latin America on April 17, landing first in Brasilia to hold high-level talks with Brazilian President Luiz Inacio ‘Lula’ da Silva and Brazilian Foreign Minister Mauro Vieira. Lavrov insisted that Russia was building...
Controversial ‘Tiktok Ban Bill’ Sparks Concerns Among Cryptocurrency and Technology Advocates
29.3.2023
Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei,...
Today in Crypto: Joint Operation Dismantles $16M-heavy Crypto Fraud, Kraken Pro and Kraken NFT Go Live, OpenSea Blocks 30 Cuban Creators
23.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Joint Operation Dismantles $16M-heavy Crypto Fraud, Kraken Pro and Kraken NFT Go Live, OpenSea Blocks...
OpenSea blocks Cuban artists from the platform due to U.S sanctions
23.12.2022
OpenSea’s terms of service explicitly prohibit individuals and organizations from sanctioned regions from using its platform
Crypto Mining Investments in Cuba Have Been Severely Impacted by Constant Power Blackouts
12.12.2022
Repeated blackouts in several parts of Cuba have reportedly made operating cryptocurrency mining rigs impossible - and mining unsustainable.
Many Cubans have lost thousands of dollars that they had invested in crypto mining equipment and graphics cards, according to a report by CubaNet....
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Constant Blackouts Have Ruined Cryptocurrency Mining Investments in Cuba
12.12.2022
Several small investors have manifested that the constant blackouts in several parts of Cuba have made cryptocurrency mining unsustainable, leaving them unable to operate their rigs. The blackouts also affect telecommunications, leaving some of these operations that rely on off-grid power plants...
Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs
30.11.2022
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only...
Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions
17.11.2022
Both facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to circumvent financial restrictions imposed over its invasion...
US Treasury Charges Bittrex With Sanctions Violations, Crypto Exchange Agrees to Settle With Regulator
12.10.2022
On October 11, the U.S. Treasury department’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) announced that it has settled charges with the cryptocurrency exchange Bittrex. The crypto exchange was accused of sanctions violations and failure...
Cuban NFT artists say they face censorship within the crypto market
27.7.2022
“Blockchain is decentralised and doesn’t obey any governments, so no embargo affects us there”, NFT artist Gabriel Bianchini explained
Report: Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions
27.7.2022
On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The unknown sources explained that the inquiry into Kraken started in 2019, and it’s...