The providers will be allowed to operate with virtual assets approved by the BCC, the resolution said, without disclosing further details. It did clarify that virtual assets “do not include digital representations of fiat currency, securities and other financial assets widely used in traditional banking and financial systems, which are regulated in other provisions of the Central Bank of Cuba.”
Source: https://www.coindesk.com/policy/2022/04/27/central-bank-of-cuba-to-license-digital-asset-service-providers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines