Russia and Cuba eyes the use of crypto for settlements

Russia and Cuba are now eyeing the use of crypto for cross-border payments, according to a Kremlin advisor. Both countries are looking into alternative options for international settlements since both are facing Western economic sanctions. Both the Russian and Cuban governments are mulling on the use of Russian rubles and cryptos to facilitate bilateral cooperation in the face of Western sanctions, according to a statement by Boris Titov. Russias business ombudsman visited Havana for the 38th edition of the Havana International Fair, according to Bitcoin.com. All of us, Cuba and Russia,...

source: https://tokenpost.com/Russia-and-Cuba-eyes-the-use-of-crypto-for-settlements-9821

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