The Central Bank of Cuba authorizes ten companies to use cryptocurrencies for international payments for the first time.

2026-03-31 04:05:14

Golden Finance reports that on March 31, 2026, the Central Bank of Cuba (BCC) issued an announcement in the “Official Gazette” on March 23, 2026, granting authorization for the first time to ten companies (nine SMEs and micro-enterprises, and one hybrid enterprise) to use cryptocurrencies for cross-border payments. The authorized companies cover multiple sectors including information technology, food and beverage, transportation, and industry. The license is valid for one year and may be renewed upon application. Companies must carry out transactions through virtual asset service providers (PSAVs) holding BCC licenses, and report transaction details to the central bank on a quarterly basis.

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