Cuba Eyes Cryptocurrency as Solution to Sanctions, Financial Woes
Cuba has announced it is considering the use of cryptocurrency in order to bolster its finances amid U.S.-led sanctions.
The state oil company will only accept petro for airplane fuel, per a new decree from Venezuela's president.
Discussing new trials of an LN point-of-sale app; updates in consumer & institutional crypto derivatives, and Venezuelan petros as holiday bonuses.
Nicolas Maduro and his crypto supervisor were two of the Venezuelan officials indicted Thursday on claims they used crypto to conceal the profits from drug running.
Venezuelans including public sector workers, retirees and the military are set to receive a petro token handout this Christmas, so long as they register for the state's crypto payments platform.
Venezuela's president has ordered his pet cryptocurrency, the petro, to be used in funding an ongoing housing initiative.