
Central Bank of Cuba introduces license for digital asset service providers
The Central Bank of Cuba confirmed the license will be available to all legal residents of Cuba and organizations and will enter into force 20 days after its publication.
The Central Bank of Cuba confirmed the license will be available to all legal residents of Cuba and organizations and will enter into force 20 days after its publication.
The Ontario Securities Commission continues to tighten its grip on digital currency operators, recently barring digital currency platforms from offering Tether (USDT) trading services.
Cuba will establish rules for regulating the use of digital currencies and license virtual asset service providers even as adoption locally continues to grow.
Unfortunately, not all foreign states are using cryptocurrencies for reputable purposes.
Bittrex can now allow customers in Iran, Cuba, Syria and Crimea to access their funds, if conditions are met.
Cuba has confirmed it is considering plans that could introduce a national cryptocurrency, in a bid to revive the country’s flagging economy.
The ban kicks on March 9, but some say their cryptocurrency accounts—and their funds have already been frozen without a heads-up.