This paper discusses and compares two national versions of memory politics (Soviet/Russian and American versions) in the context of the Caribbean crisis, one of the most resonant events of the Cold war. The paper describes how each country interprets the Caribbean crisis in the context of the changes that took place in the international arena and in domestic political life. The main methods of memory politics implementation that are typical for each of the parties to the conflict are analyzed. An attempt is made to identify common approaches to memory politics implementation and distinctive features specific to each of the parties. The authors pay special attention to the coverage of the Caribbean crisis in schoolbook, in declassified archival documents, in museum exhibitions and memorials dedicated to the history of geopolitical and ideological confrontation between the two superpowers. The paper describes the areas where the policy in question is most often applied. The issue of how the memory politics was related to the evolution of the identities of the two states during the Cold war and after its end is also touched upon.