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The Central Bank of Cuba has authorized ten companies to use cryptocurrency for international payments for the first time
The Central Bank of Cuba (BCC) announced on March 23, 2026, in the Official Gazette, the first authorization for ten enterprises (nine small and medium-sized enterprises and one mixed enterprise) to use cryptocurrency for cross-border payments.
The authorized enterprises cover various fields including information technology, catering, transportation, and industry. The license is valid for one year and can be renewed. Enterprises must conduct transactions through virtual asset service providers (PSAV) licensed by the BCC and report transaction details to the central bank on a quarterly basis.
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