The Cuban central bank released regulations for virtual asset service providers on Tuesday. The move that some experts believe could help the Communist-run Caribbean island avoid hefty US sanctions. Cuban President Miguel Diaz-Canel has always been a supporter of cryptocurrencies, seeing them as a tool to end the US dollars oppression. The number of cryptocurrency fans on the island is growing as the currencies assist the nation overcome difficulties posed by the US trade embargo. The island nation had already issued a CBDC the previous year (Central Bank Digital Currency)
Source: https://bitcoinist.com/cubas-central-bank-announces-digital-asset/