Western Union halts money transfers to Cuba due to U.S. sanctions

Financial services company Western Union has halted money transfers to Cuba following the reinstatement of sanctions by the U.S. State Department on Cuban military-run businesses.

This move is already impacting Cuban American families who rely on sending financial support to relatives on the island, News.Az reports citing CBS news.

U.S. Secretary of State Marco Rubio recently reversed a decision made by former President Joe Biden to lift sanctions on Cuban military-controlled businesses. Among the affected entities is FINCIMEX, the Havana-based financial company that processes money transfers to the island, the Miami Herald reported.

“Western Union closes its doors because they cannot deal with that corporation anymore,” said Orlando Gutierrez, leader of the Assembly of the Cuban Resistance, a South Florida-based anti-communist organization.

Gutierrez argued that blocking money flow to the Cuban government weakens the regime.

“The weaker that regime is, the stronger the Cuban people will be in regaining their freedom so they have a better life,” he said.

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