US Eases Financial Restrictions on Cuba, Allowing Cuban Entrepreneurs to Access US Bank Accounts

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The US has eased financial restrictions on Cuba, allowing Cuban entrepreneurs to open and access US bank accounts online, supporting their businesses and expanding internet-based services. The move aims to alleviate the economic and energy crises in Cuba and promote internet freedom. This comes as Cuba faces blackouts, food shortages, and inflation. The US-Cuba relations have been strained, but some restrictions were lifted under Obama and reimposed under Trump. Cuba has been gradually opening up its economy to more privately owned enterprises. #Cuba #US #economy...

#newstr #Cuba #BidenAdministration #EconomicRestrictions #CubanEntrepreneurs #UsBankAccounts