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. Go to Source Powered by WPeMatico
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Crypto capital is moving to Puerto Rico as tax regulations are much more favorable than in the U.S. proper. Go to Source Powered by WPeMatico
The level of freedoms that the U.S. has provides an argument for the country as the most crypto-friendly location, although Puerto Rico also has its benefits. Go to Source Powered by WPeMatico
U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole time. On Dec. 26, SDNY Magistrate Judge Barbara Moses refused Griffith’s … Read more
Binance’s U.S. arm, Binance.US, opened account registration for Puerto Rico residents Go to Source Powered by WPeMatico
Medici Bank launches private beta testing in partnership with at least two crypto-related firms in October Go to Source Powered by WPeMatico
Some in the crypto community have embraced moving to Puerto Rico for tax reasons. Our tax expert explains whether or not it is worth it Go to Source Powered by WPeMatico
Banking subsidiary of San Juan Mercantile Exchange begins operating following license acquisition Go to Source Powered by WPeMatico
Salt, a cryptocurrency-backed loan service, has announced plans to launch operations in seven new jurisdictions throughout the world, while offering its services in 15 more U.S. states. It will also include litecoin (LTC) among its offerings, while providing more competitive interest rates and removing loan caps. Also read: Bitcoin Price: Wall Street Optimistic, Enthusiasts Pessimistic … Read more
Bitfinex has vigorously refuted claims that it and its Tether stablecoin are on the brink of insolvency. Rumors have surrounded the opaque exchange for over a year, but have intensified in the past month. “Bitfinex is not insolvent, and a constant stream of Medium articles claiming otherwise is not going to change this,” asserts a … Read more
Puerto Rico’s Noble Bank, well-known for working with Tether and Bitfinex, has reportedly lost them as clients and is seeking buyers, sources told Bloomberg Go to Source Powered by WPeMatico