Cuban central bank wants to regulate cryptocurrency

Uğur Bayram

Aug 30, 2021

According to Bloomberg, the Cuban communist government expects to legalize cryptocurrency payments.

According to Bloomberg, the Cuban communist government expects to legalize cryptocurrency payments.
The Cuban central bank plans to establish a legal framework for making payments legally in the future.
The central bank is considering issuing licenses for companies working with digital money.
Cryptocurrencies have become a tool that people use to not declare every payment they make. The Cuban central bank is waiting to regulate the cryptocurrency to fix these errors and fill in the gaps.