
"Biden Eases Banking Restrictions to Boost Cuban Small Businesses"
The U.S. Treasury Department announced regulatory changes to support Cuba's private sector by allowing Cuban entrepreneurs to open U.S. bank accounts and access U.S. internet-based services. These measures aim to bolster small businesses on the island while avoiding benefits to the Cuban government. The move fulfills a Biden administration pledge to support Cuban entrepreneurs despite the ongoing U.S. embargo. Critics argue the changes do not address broader issues and may have political implications.



