US prepares measures to help Cuban small businesses -source

The Biden administration is preparing to unveil new regulatory measures to allow more U.S. financial support for small private businesses in Cuba, a person familiar with the matter said on Monday.

The move, expected as soon as this week, is seen as a long-promised but limited step to ease restrictions to help Cuba’s budding entrepreneurs cope with fallout from the Communist-ruled island’s troubled economy. (Reporting By Matt Spetalnick Editing by Chris Reese)