Cuban exiles’s hack to remit money back home without regulatory frictionmedium.com 2 pointshcentelles11 years ago1 commentSaveHideCopy link On HNComments−ubaldo11yOFAC regulations let this kind of transactions go through for quite some time now, but it doesn't receive a lot of media attention.It certainly has created an "industry" that's welcomed on both sides of the Florida Strait, for different reasons though.However, not much has changed in practical terms yet since Obama's December 17th announcement.
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OFAC regulations let this kind of transactions go through for quite some time now, but it doesn't receive a lot of media attention.
It certainly has created an "industry" that's welcomed on both sides of the Florida Strait, for different reasons though.
However, not much has changed in practical terms yet since Obama's December 17th announcement.