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 entity Marta Sabina Wilson González, recognizes the…
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díaz-canel
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 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,…