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The Cuban Central Bank planned to issue licence to crypto operators
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[QUOTE="Mika, post: 242244, member: 29399"] This comes as a surprise because Communist governments are not in favor of cryptocurrencies. Communist regimes are centralized regimes, however, crypto is decentralized money, and anyone with the appropriate technology can easily mine cryptos. Communist governments are also authoritarian regimes, they don't give freedom to the people, including the creation and accumulation of wealth, however, crypto is something that can help anyone to grow rich through mining, investing or trading. Cuba planning to allow crypto is very surprising news for me because Cuba is a communist country, where there is no freedom for people, they even do not allow people to create wealth. IN communist countries like Cuba, China, and North Korea, resources are under the control of the central leader. If the Cuban government is allowing crypto in the country, this indicates that the government is moving towards a capitalist economy where everyone can make money if they work hard. China has banned crypto, and there is no official news about North Korea in terms of the legality of crypto, however, if you believe the report by CIA and the BBC the North Korean regime is hacking crypto exchanges and stealing crypto to build their wealth. they are also trying to use crypto to trade internationally [/QUOTE]
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The Cuban Central Bank planned to issue licence to crypto operators
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