Because of restrictions imposed by the United States, the island nation of Cubans has become particularly interested in the cryptocurrency area. These sanctions limit Cuba’s ability to organize trade on an international level. Many Cubans are turning to cryptocurrency as an alternative for traditional payment methods because to the restrictions imposed by the sanctions on Cuba’s traditional payment rails. More than 100,000 people are said to have entered the asset class, mostly due to the introduction of mobile internet three years ago.
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