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Puerto Rico - Bitcoin News Related To Puerto Rico
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Bitcoin Can Free Puerto Rico
The people of Puerto Rico have been fighting for self sovereignty for decades. Now, Bitcoin can be a critical tool for that goal.
Binance.US awarded money transmitter license in Puerto Rico
The new license from Puorto Rico further strengthens Binance CEO Changpeng Zhao’s vision to be licensed everywhere.
Puerto Rican Treasury Department Aims to Tax NFT Sales
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 […]
Lawmaker Takes Aim at Puerto Rico as Crypto Tax Haven
Rep. Nydia Velaquez called for tougher action against crypto millionaires using Puerto Rico as a tax shelter.
How Bitcoin Adoption Could Bring Major Prosperity To Puerto Rico
To mitigate austerity and resolve debt, Puerto Rico should follow in El Salvador’s footsteps and make bitcoin legal tender.
Bitcoin Daily: Crypto Investors Flock to Puerto Rico for Tax Breaks; Competition, Bitcoin Value Drop May Impact Crypto Miner IPOs
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 & […]
Puerto Rico wants to combat corruption with blockchain technology
A mayor in Puerto Rico pleaded guilty to accepting a bribe of more than $100,000 in cash last week.
Puerto Rico's FV Bank Readies to Launch Business Visa Card Tied to Crypto
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 […]
Puerto Rico sees resurgence of interest among crypto rich
Crypto capital is moving to Puerto Rico as tax regulations are much more favorable than in the U.S. proper.