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Cuba

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 financial, exchange and collection activity or of payments, on…
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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…