Cuba news and trends

Cuba Implements Regulations to Combat Inflation and Off-the-Books Economy
Regulation // August 03, 2023

The Cuban Central Bank has issued new regulations designed to address runaway inflation and the large off-the-books economy that has developed in the midst of the country’s economic crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Biden Wants Cuba Remittances Policy ‘Tough on the Regime and Soft on the Cuban People’
International // November 07, 2021

The White House is seeking “innovative options” to restart remittances to Cuba, it said when sending back some recommendations that had been made by the Treasury Department and State Department, Reuters reported Friday (Nov. 5). Get the Full Story Complete the form to unlock this...

Dubai’s SFM Corporate Services Accepts Crypto Payments
B2B Payments // September 02, 2021

Dubai-based SFM corporate services, which has helped investors and entrepreneurs incorporate businesses in nearly 25 countries, has seen a 10% increase in business since it started accepting cryptocurrency as payment for business formation services, Gulf Business reported Thursday (Sept. 2). Get the Full Story Complete...

Cuba Officially Endorses Crypto For Payments
Cryptocurrency // August 27, 2021

Cuba is opening the door to cryptocurrencies, allowing the digital currency to be used for payments in the country after it explores a framework for regulations and licensing, the Associated Press and other news outlets reported on Friday (Aug. 27).  Cuba, cryptocurrencies, payments Get the...

Quick Reads
Cuba Bans Small Business From Using US Bank Accounts

July 26, 2024
Cuba has reportedly banned its small businesses from using U.S. bank accounts, just weeks after the Biden administration allowed Cubans to use the banking system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]

Cuba Implements Regulations to Combat Inflation and Off-the-Books Economy

August 03, 2023
The Cuban Central Bank has issued new regulations designed to address runaway inflation and the large off-the-books economy that has developed in the midst of the country’s economic crisis. Get...

Biden Wants Cuba Remittances Policy ‘Tough on the Regime and Soft on the Cuban People’

November 07, 2021
The White House is seeking “innovative options” to restart remittances to Cuba, it said when sending back some recommendations that had been made by the Treasury Department and State Department,...

Cuba Officially Endorses Crypto For Payments

August 27, 2021
Cuba is opening the door to cryptocurrencies, allowing the digital currency to be used for payments in the country after it explores a framework for regulations and licensing, the Associated...