With its economic burdens growing heavier under the strain of US sanctions, Cuba’s government is turning to the crypto industry as a potential savior. The nation’s Communist government recently announced that it was launching a study over the nascent technology with the intention of repairing its economy. A steep fall in aid from neighboring Central American states such as Venezuela, coupled with declining exports and more robust American sanctions have left the island nation’s economy in near tatters. The new initiative was brought to the public’s notice on a state TV announcement by the country’s leader Miguel Diaz-Canel. The government
