Cuba Central Bank Authorizes 10 Firms to Use Crypto Payments Abroad
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March 23, 2026: Cuba's Central Bank (Resolution 4/2026) issued one-year licenses to 10 mostly private firms to use cryptocurrencies exclusively for international payments; licenses require quarterly reporting and forbid domestic crypto use. - The move is aimed at bypassing U.S. sanctions amid a six-year economic crisis and could boost crypto adoption and demand for remittance rails, affecting CEX/DEX flow and on‑ramp activity. - Scope is limited and experimental (one-year term, reporting requirements), reducing immediate legal risk but leaving regulatory uncertainty and operational constraints for firms beyond the license period.
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- Cuba’s Central Bank authorized 10 firms to use cryptocurrencies for foreign payments.
- Listed firms include Ingenius Tecnologías, Dofleini, La Calesa Real, La Meknica, and others.
- The framework includes one-year licenses, quarterly reporting, and no domestic crypto use.
On March 23, 2026, Cuba’s Central Bank issued its first licenses since 2021 to 10 companies, mostly private, in IT, manufacturing, transport, and gastronomy, to use cryptocurrencies exclusively for international payments, bypassing U.S. sanctions that have exacerbated a six-year economic crisis.
Cuba Central Bank Authorized 10 Firms to Use Crypto Payments Abroad
The Central Bank of Cuba (BCC) published Resolution 4/2026 in the Extraordinary Official Gazette No. 46, marking a significant step in the island’s cautious adoption of virtual assets.
This resolution grants specific authorization to …
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