Puerto Rico – DIGIT INFO

Robinhood is now available In Hawaii and select U.S. territories

DIGIT — Tue, 02 Jul 2024 17:06:03 +0000

The brokerage platform took advantage of Hawaii’s recent change to money transmitter licensing to expand to the non-contiguous United States.

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Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies

DIGIT — Wed, 01 Mar 2023 12:30:50 +0000

The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability” for blockchain companies, according to DDEC Secretary Luis Cidre. Puerto […]

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MakerDAO co-founder Nikolai Mushegian dies at 29 in Puerto Rico

DIGIT — Tue, 01 Nov 2022 12:43:00 +0000

Mushegian was an important figure in the crypto community, contributing to multiple projects, including MakerDAO, BitShares and Balancer.

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Peter Schiff to Liquidate Euro Pacific Bank in Settlement With Puerto Rican Regulator

DIGIT — Sun, 14 Aug 2022 02:30:55 +0000

Gold bug Peter Schiff has settled with Puerto Rico’s financial regulator and agreed to liquidate his Euro Pacific Bank. Schiff stressed that he is not admitting to any legal wrongdoing. Peter Schiff Liquidating Euro Pacific Bank Gold bug and notorious bitcoin skeptic Peter Schiff has settled with the Office of the Commissioner of Financial Institutions […]

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Hacker Selling 1 Billion Chinese Citizens’ Data for 10 BTC, Zuckerberg’s Meta Ends Novi Project, and More — Bitcoin.com News Week in Review

DIGIT — Sun, 10 Jul 2022 12:00:08 +0000

In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a hacker claims to have stolen a massive amount of Chinese citizens’ personal data from Shanghai police, and now wants to sell it for ten bitcoins. Also, Mark Zuckerberg’s Meta has ditched the Novi project, after unveiling a new metaverse wallet. These stories […]

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Peter Schiff’s Euro Pacific Bank Suspended by Puerto Rico’s Regulator — Schiff Insists No Evidence of Crime

DIGIT — Tue, 05 Jul 2022 01:50:04 +0000

Peter Schiff-owned Euro Pacific Bank has been suspended by Puerto Rico’s financial regulator. Schiff claims that there’s “no evidence of crimes,” warning that “accounts are frozen and customers may lose money.” Puerto Rico’s Regulator Suspends Peter Schiff’s Bank Euro Pacific Bank, owned by notorious bitcoin skeptic and gold bug Peter Schiff, has been suspended by […]

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Peter Schiff’s bank closure strengthens Bitcoin case for financial freedom

DIGIT — Mon, 04 Jul 2022 09:09:29 +0000

Puerto Rico regulators closed down Schiff’s bank for not maintaining the net minimum capital requirements. As a result, customers lost access to their accounts following a subsequent freeze.

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Binance.US awarded money transmitter license in Puerto Rico

DIGIT — Wed, 20 Apr 2022 08:36:32 +0000

The new license from Puorto Rico further strengthens Binance CEO Changpeng Zhao’s vision to be licensed everywhere.

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Puerto Rican Treasury Department Aims to Tax NFT Sales

DIGIT — Thu, 10 Feb 2022 09:00:11 +0000

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 […]

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Puerto Rico wants to combat corruption with blockchain technology

DIGIT — Thu, 09 Dec 2021 08:50:16 +0000

A mayor in Puerto Rico pleaded guilty to accepting a bribe of more than $100,000 in cash last week.

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