Resolution 215 of the BCC, which will enter into force on September 15, regulates "the use of certain virtual assets in commercial transactions, as well as the granting of licenses to suppliers" of these services in "operations related to financial activity, exchange activityand of collection or payments "in the Cuban territory or from it.

The new regulations underline that the BCC may authorize the use of cryptocurrencies "for reasons of socioeconomic interest".

However, it makes it clear that "financial institutions and other legal persons can only use virtual assets between them and with natural persons, to perform monetariomeriomercantile operations, and exchange and recanje", when the Central Bank of Cuba authorizes it.

Last May, President Miguel Díaz-CaneImpact of Covid-19 Pandemia.

The BCC warns that operations with these virtual assets imply "risks to monetary policy and financial stability, due to the high volatility that characterizes them and carried out in data networks in cyberspace, usually decentralized, without existingIssue control, regulation "and" official supervision ".

According to unofficial calculations, there is a community of 10 on the island.000 Cubans who use bitcóins, one of the most widespread cryptocurrencies in the country.

With travel restrictions on the pandemic and hardening the economic sanctions applied by Washington, the sending of family remittances is increasingly complicated, so many Cubans appeal to cryptocurrencies to ensure that money reaches their relatives in theisland.