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| Cuban cryptocurrencies | It indicates a way to close an interaction, or dismiss a notification. Thousands of Cubans take part in rare protests against the communist government, marching through a town chanting "Down with the dictatorship" and "We want liberty" in Havana, on July 11, Read preview. Resolution , published Thursday in the Official Gazette, says the central bank will set new rules for how to deal with digital currencies. Crypto transactions must be carried out only between financial institutions and those permitted by law, a Thursday resolution said. However, receiving funds, even via crypto channels, requires some creativity, because many of the exchanges require know-your-customer compliance. A weak local currency is also a factor likely contributing to the appeal of bitcoin. |
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The Truth Behind Cuba's Bitcoin Revolution - What it Really Looks LikeThe Cryptocurrencies market in Cuba is projected to grow by % () resulting in a market volume of US$m in Cuba will now recognize and regulate cryptocurrencies such as bitcoin, in a move being billed as historic for the island nation. Havana: Cuba's government has said it will recognise � and regulate � cryptocurrencies for payments on the island. A resolution published in.
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