Cuba will now recognize and regulate cryptocurrencies like bitcoin. The move is billed as historic for the island nation. Cuba’s central bank now recognizes bitcoin and other cryptocurrencies like Bitcoin. Cuba’s central bank is now recognizing and regulating the currency like bitcoin in a move being billed as a historic move for the country. Read the original article on Cuba’s move to recognize bitcoin and bitcoin in the country’s first state of its own currency, Cuba’s Central Bank announced on December 4, 2013.