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Cuba to start requiring crypto licenses for VASPs next month


Cuba is joining the growing list of countries opting to regulate their local crypto industry. The government will soon start giving out licenses for firms that want to offer crypto-related services in the country. The countrys central bank, the Banco Central de Cuba (BCC) will start issuing licenses for Bitcoin (BTC) and other virtual asset services providers (VASPs), Cointelegraph reported. The move could potentially encourage the growth of the countrys crypto industry. The Central Bank of Cuba, when considering the license request, evaluates the legality, opportunity and socioeconomic…

source: https://tokenpost.com/Cuba-to-start-requiring-crypto-licenses-for-VASPs-next-month-9593

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April 28, 2022   Editor
Editor April 28, 2022 1:35 am
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