Express

Mario Mazzola Launches Cuba's First P2P Bitcoin Exchange

Roland James

Summary: Mario Mazzola, an Italian-Cuban entrepreneur, launches Cuba’s first decentralized Bitcoin exchange, according to a report from news outlet Decrypt on April 23. While the majority of cryptocurrency businesses stay out of Cuba due to regulatory uncertainties and hefty American sanctions Mazzol decided to launch his “ultra-lightweight” Bitcoin exchange, Qbita, earlier this month. While Cubans are ...

Mario Mazzola, an Italian-Cuban entrepreneur, launches Cuba’s first decentralized Bitcoin exchange, according to a report from news outlet Decrypt on April 23.

While the majority of cryptocurrency businesses stay out of Cuba due to regulatory uncertainties and hefty American sanctions Mazzol decided to launch his “ultra-lightweight” Bitcoin exchange, Qbita, earlier this month.

While Cubans are interested in using virtual currencies many find it difficult to use cryptocurrencies because most exchanges have geo-blocked them from accessing their services.

By Roland James

Last Update:

Tags: ,,,,,
Link: Mario Mazzola Launches Cuba's First P2P Bitcoin Exchange   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 11 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 18 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 22 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 25 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 29 days ago

    • You need to login to comment.