Cuban central bank makes it official: VASP licensing coming in May

2022.04.27 14:00

Cuban central bank makes it official: VASP licensing coming in May

In a move that could potentially foster the growth of Cuba’s nascent tech industry, the Banco Central de Cuba (BCC), the country’s central bank, will begin issuing licenses for Bitcoin (BTC) and other virtual asset services providers, or VASPs.

According to the Official Gazette No. 43 published Tuesday, which includes a Central Bank of Cuba resolution, anyone wanting to provide virtual-asset-related services must acquire a license first from the central bank. It reads:

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