for cases of news of this type you must put a link to the news. here are 2 sources on this news:

https://www.cnbc.com/2021/08/27/cubas-central-bank-now-recognizes-cryptocurrencies-like-bitcoin.html

https://www.euronews.com/next/2021/08/27/cuba-becomes-the-latest-country-to-authorise-and-regulate-cryptocurrencies-like-bitcoin

i honestly am a little lost, i thought the cuba government didnt like things from outside their country as they still live in the stone age, but it is a big step they are taking if we really see bitcoin being used as a means of payment in cuba

Now, we are seeing country after country to accept bitcoin as legal tender. This may really push a very good adoption and that means, increase in demand in the market, and eventually of course, further increase in price. We may really see bitcoin increasing in the coming years. If people will learn the benefits in dealing with crypto, they will understand why some are really die-hard fans of crypto.

They're now looking for an upgrade with their economy and I think this will make them more open to the world and there could be more upgrade in their infrastructure area.

AFAIK, they don't have much free access to the web and it's hard for a normal person to get into it. So with having bitcoin as a legal tender, they'll improve their infras.

They may not like it, but for them to move forward, they have to adjust...
Cuba's recognition of bitcoin as a legal tender is all motivated and driven by the bid for the country to completely discourage and avoid the use of the dollars which sanctions have made difficult for them to make use of and had weakened their economy.

The government must have recognised that the lot of the younger generations in cuba already adopted cryptocurrency use as a way to buy things online from other countries and it has been going smoothly for them, so why not just dump the dollars that is causing them problems and adopt crypto.
This is a good solution to their economic problem, congratulations Cuba, El Salvador did it, you are doing it, i'm certain others will follow soon.

We all know that bitcoin can as well help for elevation and diversification of country economy if really wishes to operate or acknowledge the existence of cryptocurrency, actually some countries that embrace cryptocurrency initially i think they used it boostup their economy and before other countries who are ignorant crypto rose against cryptocurrencies they have already build up  their economy cryptocurrency, looking at it today many countries is interested to legalize adoption of cryptocurrency because of it's important to the society.

Not much to be confused about really. The Cuban government is a little slow sometimes to recognize certain advances, but they must have seen Bitcoin being used on a large scale (lots of transactions through banks with this explanation) and decided to tax it. In order for them to tax it they needed to legalize the usage of it, otherwise it would have stayed a grey area and made the government officials look a bit foolish. Considering how cut off from the global financial system they have been, due to sanctions from the USA where most payment processors reside, it seems like cryptocurrency is a great method for the many overseas Cubans to return money back to their home country.

There's another thread that's dedicated to Cuba, and from what I've read, I didn't get the impression that Bitcoin is about to become legal tender there. Firstly, giving banks the power over crypto market is dangerous because banks aren't normally friendly to cryptos, as cryptos pose a threat to their existence. Secondly, it seems that for now, cryptos are among 'virtual assets', and while there's potential of allowing to use them for commercial transactions, I won't be surprised if that doesn't mean that cryptos will be treated as money for taxation purposes and thus won't be taxed as such.

I think they decide to do it because they see the progress and success that it brings to their fellow Latin country El Salvador. So, my speculations were right after all. they just silently watching everything about the result of the implementation in El Salvador and when everything seems right they will also follow in their footsteps. It is nice for them to realize it early because if they don't act right away, the components and materials to do the same like El Salvador might double its price after years from now.

They won't fully regulated and bitcoin is still decentralized as it should be, bitcoin safetiness is high anyone could not track your address ownership eventhough the country has regulated the cryptocurrency itself as long as you don't inform to the govenrnance you have those wallet.
So i think we can keep using bitcoin as usual except when we're going to cash out our crypto to country fiat, this will notify the banks that we have those cryptocurrency wallets