Puerto Rico

One Island Becoming a Mecca for Crypto Millionaires

January 21, 2022 by Orinoco Tribune 16 Comments

Bitcoin enthusiasts are flocking to Puerto Rico, thanks to tax breaks and an island lifestyle The US territory of Puerto Rico has become the new hot destination for cryptocurrency entrepreneurs as it has crypto-friendly policies, including huge tax breaks to those who spend at least 183 days on the island each year. US citizens can hold on to their American passports while … [Read more...] about One Island Becoming a Mecca for Crypto Millionaires

Puerto Rico faces another disastrous bankruptcy deal

November 23, 2021 by Peoples Dispatch Leave a Comment

A New York federal judge is set to rule on a plan to restructure almost half of Puerto’s Rico’s debt in the coming weeks. The Financial Oversight and Management Board, an undemocratically elected fiscal control board commonly called “la junta”, came to an agreement on the plan with the holders of the island nation’s $73 billion debt. The plan includes a list of cuts to … [Read more...] about Puerto Rico faces another disastrous bankruptcy deal

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One Island Becoming a Mecca for Crypto Millionaires

Puerto Rico faces another disastrous bankruptcy deal

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