When people talk about Bitcoin Cuba, the growing use of Bitcoin by ordinary Cubans to protect savings and buy essentials amid economic isolation. Also known as Cuban cryptocurrency adoption, it’s not about speculation—it’s survival. Unlike in countries where crypto is a luxury, in Cuba, Bitcoin is one of the few tools left to escape currency collapse, inflation, and blocked banking channels.
The Cuban government doesn’t ban Bitcoin, but it doesn’t officially endorse it either. That gray zone is exactly why it’s so widespread. Cubans use peer-to-peer platforms like LocalBitcoins and Paxful to trade dollars for Bitcoin, then convert it into goods through informal networks. Some even mine Bitcoin using stolen grid power, a risky move that’s become common in rural areas where electricity is unreliable and expensive. Meanwhile, crypto regulations Cuba, the unofficial, shifting rules around digital asset use enforced by state agencies change without warning—suddenly blocking crypto-related apps or shutting down internet cafes where trades happen.
What makes Bitcoin mining Cuba, the practice of using Cuba’s cheap, state-controlled electricity to generate Bitcoin for export. Also known as Cuban crypto mining, it’s become a de facto foreign currency engine. The state runs large mining farms and forces miners to sell 70% of their output to government-run exchanges at fixed rates. The rest? That’s where the real value is—for families buying medicine, laptops, or food from abroad. This isn’t Wall Street. It’s a quiet, decentralized economy built on WhatsApp groups, USB drives, and trust.
And while you won’t find Binance or Coinbase officially operating in Cuba, you’ll find Cubans using them anyway—through VPNs, burner phones, and crypto-savvy friends in Miami. The Cuban cryptocurrency, the informal ecosystem of digital assets used daily by citizens to store value and trade internationally isn’t a trend. It’s a response to a broken system. People aren’t chasing moonshots. They’re chasing stability.
Below, you’ll find real reviews and reports from people who’ve navigated this world—exchanges that work (and ones that don’t), mining setups that survive power cuts, and the hidden risks of using crypto under state watch. No fluff. No hype. Just what’s actually happening on the ground.
Cuba doesn't ban cryptocurrency - it regulates it. Learn how Bitcoin and other digital currencies became legal payment tools for Cubans facing U.S. sanctions, and how the government turned survival into policy.