Cryptocurrency Regulation in Cuba: What’s Legal, What’s Not

When it comes to cryptocurrency regulation in Cuba, the official stance is unclear, but the practical reality is that Cubans are using digital assets anyway—often out of necessity. Also known as digital currency rules in Cuba, this topic isn’t about policy papers or press releases. It’s about people trading Bitcoin to buy medicine, sending remittances through crypto wallets, and avoiding the country’s broken banking system.

Unlike China or Argentina, where crypto rules are either banned or driven by economic collapse, Cuba hasn’t issued a clear law on crypto. The Central Bank of Cuba has never legalized it, but it also hasn’t made it a criminal offense. That gray zone is exactly why Cubans are turning to decentralized tools. blockchain Cuba, a term that refers to the grassroots use of decentralized ledgers to bypass state-controlled finance. Also known as Cuban crypto networks, these aren’t government projects—they’re WhatsApp groups, peer-to-peer exchanges, and Telegram bots running on stolen Wi-Fi. Meanwhile, crypto ban Cuba, a phrase often used by foreign media, doesn’t reflect what’s happening in Havana or Santiago. Also known as Cuban digital asset restrictions, the reality is that enforcement is nearly impossible when nearly 40% of households rely on remittances, and most of those come through crypto channels.

There’s no official exchange, no licensed wallet provider, and no tax framework for crypto in Cuba. But you’ll find people trading USDT for Cuban pesos on LocalBitcoins, using Binance P2P through friends who work at hotels with internet access, and even mining with old laptops powered by solar panels. The government watches, but doesn’t stop it—because stopping it would mean cutting off a lifeline. This isn’t innovation driven by tech hype. It’s survival. And that’s why the posts below focus on tools, scams, and real stories from Cubans navigating crypto without rules. You won’t find a government white paper here. You’ll find what people are actually doing to get by.

Below, you’ll see reviews of exchanges Cubans use, breakdowns of crypto scams targeting the island, and guides on how to send and receive digital assets when your bank account is frozen. These aren’t theoretical guides—they’re survival manuals written by people who’ve been there.