Venezuela registered an average oil production of 420,000 barrels per day in April, some 410,000 barrels per day less than the goal established by PDVSA, which projected some 830,000 barrels per day of production for last month.
According to the information provided by Tankertrackers, there was a…
Read More...
Browsing Tag
Cuba
Central Bank of Cuba approves regulation of cryptocurrencies
Official Gazette No. 43 Ordinary, released on Tuesday, April 26, published the resolution approved by the Central Bank of Cuba, where Bitcoin (BTC) and other cryptocurrencies services and platforms are authorized on the island.
The…
Central Bank of Cuba authorizes the legal use of cryptocurrencies
The Central Bank of Cuba (BCC) through resolution 215/2021 enabled the use of certain virtual assets in commercial transactions throughout the territory of the Caribbean island. The legal instrument, signed by the president of the financial…
European Parliament calls for sanctions against Cuba
The European Parliament asked the European Union to apply sanctions to Cuba for human rights violations after the massive protests on July 11, calling into question the European strategy of dialogue with Havana.
In a resolution agreed by…
Cuba will ease tourism restrictions in November
The Government of Cuba announced the gradual reactivation of the country's borders as of November 15, assuming that by that month more than 90 % of the Cuban population will have completed the vaccination schedule against Covid-19.
The…
Central Bank of Cuba announces regulation for cryptocurrencies
According to Resolution 215/2021 published in the Official Gazette of Cuba, the regulations will enter into force within 20 days and will also regulate the granting of licenses to virtual asset service providers for operations related to…
Cuba publishes regulations related to small and medium-sized companies
Cuba officially published the regulations corresponding to the creation of micro, small and medium-sized enterprises (MSMEs) in both the public and private sectors.
As stated in Decree-Law 46, published in the Official Gazette, "the…
Cuba reviewed its telecommunications laws
A series of regulations related to telecommunications, information technologies, the radio spectrum and cyberspace came into effect this week in Cuba.
In the Ordinary Official Gazette No. 92 of 2021, Decree-Law 35/21 of Telecommunications,…
Cuba temporarily suspends cash deposits in dollars
The Central Bank of Cuba decided to temporarily suspend, as of June 21st of this year, all deposits with dollars in cash in the entire banking network of the Caribbean nation. It will affect natural persons, nationals or foreigners and…
Cuba includes bitcoin in its economic guidelines
The Communist Party of Cuba (PPC) included bitcoin within the new guidelines drawn up for the 2021-2026 period, as indicated during the party's VIII Congress.
Mercedes López Acea, a member of said political group, was in charge of giving…
Cuba will have a single currency in 2021
Starting next year, Cuba will have a single currency after 26 years with a system of two local currencies, as reported by President Miguel Díaz-Canel.
This measure has the objective of seeking more efficiency in the Cuban economy and thus,…
Cuba has a bitcoin payment platform
Italian-Cuban entrepreneur Mario Mazzola has designed a decentralized bitcoin exchange platform for the Republic of Cuba Called Qbita Exchange, specially designed to meet the needs of Cubans.
The Qbita platform launched last November is…