🇨🇺 Cuba

Cryptocurrency activities in Cuba are restricted with limited regulatory clarity. The Central Bank of Cuba (BCC) has not provided explicit crypto regulations, but the environment remains cautious and controlled under existing financial frameworks such as BCC Resolution 215/2021.

Overview

StatusRestricted
Risk Score75/100 (High Risk)
Regioncaribbean
CurrencyCUP

Tax

Capital Gains (Personal)No specific guidance
Capital Gains (Corporate)35% corporate tax
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No crypto-specific tax guidance. US sanctions limit activity.

Licensing

RequiredYes
RegulatorBCC
FrameworkBCC Resolution 215/2021
Easehard
CostN/A

Licensing is governed by BCC Resolution 215/2021, which imposes strict controls on crypto activities and requires licenses for operation.

DeFi

Status: Restricted

DeFi activities are subject to restrictions under the Cuban regulatory framework, with no explicit support or encouragement from regulators.

Stablecoins

Status: Restricted

Stablecoins are regulated under the same restrictive framework as other crypto assets, with no specific favorable provisions.

NFTs

Status: no_rules

No regulation.

Mining

LegalNo
Electricity$0.012/kWh
Renewable5%
Infrastructurepoor

Mining is restricted due to limited infrastructure and regulatory constraints. Electricity is very cheap but infrastructure and regulatory environment limit mining operations.

Geopolitics

Stabilityunstable
SanctionsYes
Corruption Index28/100
Banking Accessvery_restricted

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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