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2026-05-07 Issuance of Cuba General License 1 [CUBA]

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Why it matters

Treasury issued Cuba General License 1, authorizing transactions pursuant to the Cuban Assets Control Regulations.

Cuba General License 1 is the first Cuba-program GL issued in the 90-day baseline and appears to establish the initial authorization framework concurrent with the new Cuba Executive Order and six new Cuba FAQs issued within the same week.

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