Cuba's entrepreneurs could open U.S. bank accounts soon. Here's a look at how it would workThe Biden administration has modified regulations to allow Cuban private entrepreneurs to open and manage U.S. bank accounts, supporting the private sector amid an economic crisis.
In a first, Cuba's private business owners will be able to use US banks, Treasury saysThe Biden administration is allowing Cuban independent entrepreneurs to open U.S. bank accounts remotely to support the private sector in Cuba, easing restrictions from the embargo.