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Cuba's Central Bank Authorizes Ten Companies to Use Cryptocurrency for International Payments

On March 31, it was reported that the Central Bank of Cuba (BCC) announced on March 23, 2026, in the Official Gazette, the first authorization for ten companies (nine small and medium-sized enterprises and one mixed enterprise) to use cryptocurrency for cross-border payments. The authorized companies span various sectors including information technology, catering, transportation, and industry, with a license valid for one year and eligible for renewal. Companies 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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