The people of Puerto Rico have been fighting for self sovereignty for decades. Now, Bitcoin can be a critical tool for that goal.
The new license from Puorto Rico further strengthens Binance CEO Changpeng Zhao’s vision to be licensed everywhere.
The Treasury Department of Puerto Rico has published a working document that amends the current “Sales and Usage Tax” to include NFT sales. While this proposal has yet to be approved, experts believe the inclusion of NFTs in this reform brings validation to the asset class, but also that the application of this regulation presents […]
Rep. Nydia Velaquez called for tougher action against crypto millionaires using Puerto Rico as a tax shelter.
To mitigate austerity and resolve debt, Puerto Rico should follow in El Salvador’s footsteps and make bitcoin legal tender.
Crypto miners scheduled to go public will probably face some adversity in the next few months as bitcoin sees its price fall, according to a Friday (Jan. 14) CoinDesk report. The drop in crypto prices could affect Core Scientific, which wants to go public through a special purpose acquisition company (SPAC) merger with Power & […]
A mayor in Puerto Rico pleaded guilty to accepting a bribe of more than $100,000 in cash last week.
The U.S. licensed global challenger bank FV Bank announced Thursday (Oct. 28) that it will now be a Principal Member of Visa, according to a press release. FV Bank will use this to establish itself as a full-service bank, offering Visa cards and traditional banking services. However, FV Bank will also offer digital asset custody […]
Crypto capital is moving to Puerto Rico as tax regulations are much more favorable than in the U.S. proper.
Digital payment and banking provider i2c has joined forces with Puerto Rico’s Bancrédito International Bank & Trust Corporation to launch a new American Express Black Card in Puerto Rico, according to a Wednesday (Oct. 6) press release. The Bancrédito Black American Express Card features interactive voice response technology in English and Spanish, powered by i2c. The card also offers contactless […]