Cuba has announced it is considering the use of cryptocurrency in order to bolster its finances.
According to a report from SBS-AAP, the country's Communist government announced on state-run TV that it would potentially use crypto as part of a package aimed to boost incomes for as much as a quarter of Cubans and assist with market reforms.
Ever since the United States became an empire after the Spanish-American War in 1898, US companies and US citizens have been acquiring property and interests in foreign countries, particularly in Central and South America. Nationalist and socialist governments gradually took power in these countries.
Cuban President Miguel Diaz-Canel said on Sept. 24 his government wants a "civilized" relationship with the United States - despite the embargo imposed on the island by the US since 1962.