MONEDIAL.comThe History of Bitcoin

· regulation

Cuba publishes Resolution 215 governing virtual assets and VASPs

Cuba published Resolution 215 of the Central Bank of Cuba, establishing rules for the use of certain virtual assets in commercial transactions and for licensing virtual-asset service providers. The measure was technology-neutral rather than Bitcoin-specific, but it created a legal framework under which Bitcoin-related services could operate subject to central-bank authorization.

Cuba published Resolution 215 of the Central Bank of Cuba, establishing rules for the use of certain virtual assets in commercial transactions and for licensing virtual-asset service providers. The measure was technology-neutral rather than Bitcoin-specific, but it created a legal framework under which Bitcoin-related services could operate subject to central-bank authorization.

Distinct national framework with a concrete Bitcoin payments/service-provider nexus.

Sources

  1. Official Gazette of Cuba — Resolution 215