Cuba is the latest country to consider using cryptocurrency to skirt U.S. sanctions, Reuters reported quoting a government source on July 3. In a public address on local television, the country’s president, Migual Diaz-Canel, said the plan would raise capital for around one quarter of the population, helping to pay for reforms. Cuba has felt a severe knock-on effect from the crisis in Venezuela, which was previously a major source of aid. “We are studying the potential use of cryptocurrency... in our national and international commercial transactions, and we are working on that together with academics,” Reuters quoted economy minister …

This article previously contained statements implying that Binance DEX itself — rather than its website — was geoblocking users. It has been updated for accuracy. The decentralized exchange (DEX) developed by major cryptocurrency exchange Binance will block website access to users based in 29 countries. The Binance DEX website informs potential users of the restriction via a message that appears when accessing the platform from one of the regions. The message appearing on the platform states that accessing the website from certain countries will be restricted starting on July 1: “It seems you are accessing www.binance.org from an IP address …