Cuban freedom fighters launch underground Bitcoin remittance network
Cointelegraph
Published Oct 27, 2020 03:50PM ET
Updated Oct 27, 2020 05:40PM ET
Cubans are finding new ways to circumvent the embargo sanctions imposed by the U.S. government back in 1962. According to an October 26 report by Cuba's AFP news agency, remittances sent from the U.S. to Cuba often pass through a clandestine network of "crypto enthusiasts" before being converted into Cuban pesos.
Erich García, a 33-year-old programmer and local YouTuber, told AFP that anyone who wants to send remittances to the island must buy Bitcoin and send it through a Cuban crypto exchange called BitRemesas.
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Written By: Cointelegraph
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