A major step towards electronic banking and a “cashless” society …
Yahoo News: Cuba Removing Cash from Economy
When Cuba in early August announced it was taking a major step towards electronic banking and a “cashless” society, the offices of fledgling small businesses across the communist-run country were left scrambling to figure out how to respond.
Most alarming to many budding entrepreneurs was a new 5,000 peso ($20) daily cap on cash withdrawals for businesses, one of several measures the government said were aimed at forcing Cubans to do their transactions electronically, via transfer, online payment and bank cards.
…
Cuban officials have said the new banking measures are necessary for transparency, to assure transactions are recorded and taxes are paid.
You may also like:
New York to Track Residents’ Food Purchases and Place ‘Caps on Meat’ Served by Public Institutions
Biden’s CIA Chief Listed on Epstein’s Private Calendar
The Truth About Deep State Fedbook: Meta Employs 160 Former Intel Agents
The Government Wants Total Control Over Your Money Like Everything Else
EA Truth Radio Welcomes Back The ReAwaken America Tour’s CLAY CLARK ~ Discussing BRICS Nations, Digital Currency & The Great Reset
Michelle Obama’s Juice Drink Comes Under Scrutiny, Puts Wealth Above Health of Children
