WebsCrypto
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Crypto Prices
Facebook Twitter LinkedIn Telegram
WebsCryptoWebsCrypto
Crypto Prices
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Guides
  • PR
  • Sponsored
WebsCrypto
WebsCrypto—News—Market News—Central Bank of Cuba Announces It Will Issue Licenses to Cryptocurrency Service Providers
Market News

Central Bank of Cuba Announces It Will Issue Licenses to Cryptocurrency Service Providers

By WebsCryptoApril 27, 2022
Central Bank of Cuba Announces It Will Issue Licenses to Cryptocurrency Service Providers
Facebook Twitter Telegram LinkedIn Reddit Email

The Central Bank of Cuba (BCC) announced on Tuesday that it will issue licenses to virtual asset service providers. Licenses are available to both Cuban and foreign natural or legal persons, according to a Spanish-language resolution published in the Cuban Official Gazette.

Given the experimental and innovative nature of such activities, the approved licenses are valid for one year and may be extended for another year, the central bank said.

These providers will be allowed to operate with BCC-approved virtual assets, the resolution said, without giving further details. But it made it clear that virtual assets do not include digital representations of fiat currencies, securities and other financial assets widely used in traditional banking and financial systems, as these assets are regulated among other Cuban central bank regulations.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
Crypto Cryptocurrency Regulation
Related News
Market News March 18, 2023

Dutch Financial Market Watchdog to Take Tough Stance on EU Cryptocurrency Regulations

Business News March 18, 2023

FTX Debtors Report $11.6 Billion in Claims and $4.8 Billion in Assets to Bankruptcy Court

Bitcoin News March 18, 2023

Bitcoin Options Weekly Volume Hits $7.94 Billion, Highest Since October 2021

Bitcoin News March 18, 2023

Glassnode Reports Bitcoin Below 200-Week Moving Average for First Time in History

Ethereum News March 17, 2023

Vitalik Buterin: Both Personal and Ethereum Foundation Funds Stored in Multi-Signature Wallets

NFT News March 17, 2023

NFT Trading Takes a Hit After Silicon Valley Bank Collapse

The Latest
Bitcoin News March 19, 2023
Bitcoin Unfilled Contract Down by About 300K BTC Since October 2022 Peak
Business News March 19, 2023
RSS3 Launched an AI Open Platform for Developers to Train GPT Models on Chain Data
Ethereum News March 19, 2023
Ethereum Sees Second-Highest Voluntary Validator Exits Since Merger
NFT News March 19, 2023
DeGods Announces BTC DeGods Sold Out in One Bitcoin Block and Sends Inscriptions Based on Transaction Time
NFT News March 19, 2023
RTFKT Announces Nike Air Force 1 Digital Shoe Selection on April 23rd
Block 3000

WebsCrypto contains crypto news about cryptocurrencies, bitcoin, ethereum, altcoins and more.

Facebook Twitter Instagram LinkedIn Telegram RSS
News
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Market News
  • Business News
Information
  • Opinions
  • Guides
  • Press Release
  • Sponsored
Services
  • About Us
  • Contact Us
  • Advertise
© 2023 WebsCrypto.
  • Privacy Policy
  • Terms of Service

Type above and press Enter to search. Press Esc to cancel.