Skirting U.S. sanctions, Cubans flock to cryptocurrency to shop online, send funds

Jason Sanchez, 35, shows the startup Fusyona displayed on his mobile phone, Havana, Cuba September 5, 2019. Picture taken on September 5, 2019. REUTERS/Stringer NO RESALES. NO ARCHIVE

HAVANA (Reuters) – Jason Sanchez, 35, was able to start buying spare parts online last year for his cellphone repair shop in Havana thanks to the advent of cryptocurrency trading in Communist-run Cuba. Cuba, which in many ways remains stuck in the analogue past, may seem an unlikely hotbed for cryptocurrencies – digital tokens that […]

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