Tag: Puerto

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IRS probes crypto traders using Puerto Rico tax breaks: Report

IRS probes crypto traders using Puerto Rico tax breaks: Report

Prosecutors from the United States and agents from the Internal Revenue Service (IRS) are reportedly investigating wealthy crypto traders and fund man [...]
Puerto Rico’s power play: How should billions of energy dollars be spent

Puerto Rico’s power play: How should billions of energy dollars be spent

Environmental and community groups sued FEMA and the Department of Homeland Security last month over two grid projects, accusing them of violating th [...]
Why Puerto Ricans are bracing for more blackouts

Why Puerto Ricans are bracing for more blackouts

Local leaders have also been criticized for their persistence in privatizing key parts of the power system and seeking to increase Puerto Rico’s reli [...]
Puerto Rico Extends 4% Tax Incentive to Crypto and Blockchain Activities

Puerto Rico Extends 4% Tax Incentive to Crypto and Blockchain Activities

“A win for Puerto Rico,” said a blockchain trade association executive. www.coindesk.com [...]
Mango Markets Exploiter Eisenberg Arrested in Puerto Rico

Mango Markets Exploiter Eisenberg Arrested in Puerto Rico

According to the unsealed complaint, Eisenberg manipulated the price of perpetuals contracts (a type of futures contract popular in crypto markets) fo [...]
House Passes Bill That Could Pave the Way for Puerto Rican Statehood

House Passes Bill That Could Pave the Way for Puerto Rican Statehood

The legislation has little chance of becoming law in the short term, but its passage in a bipartisan vote reflects a perception by the House that Puer [...]
Puerto Ricans Expand the Scope of ‘American Art’ at the Whitney

Puerto Ricans Expand the Scope of ‘American Art’ at the Whitney

On the fifth anniversary of Hurricane Maria, a show of extraordinary tenderness and political bite shines a light on a man-made and natural disaster. [...]
Early MakerDAO Developer and Stablecoin Pioneer Found Dead in Puerto Rico

Early MakerDAO Developer and Stablecoin Pioneer Found Dead in Puerto Rico

Nikolai Mushegian, an early developer of MakerDAO, the largest decentralized finance protocol, as well as a contributor to multiple crypto projects, w [...]
MakerDAO co-founder Nikolai Mushegian dies at 29 in Puerto Rico

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

Nikolai Mushegian, a co-founder of the cryptocurrency lending platform MakerDAO and the decentralized Dai (DAI) stablecoin, was found dead in Puerto R [...]
Biden passes the empathy test. Puerto Rico needs more.

Biden passes the empathy test. Puerto Rico needs more.

“People are angry. People are hurt,” said Gina DeJesus, an organizer with the activist group New York Communities for Change who is in Puerto Rico. [...]
Biden Will Visit Puerto Rico to Survey Storm Damage

Biden Will Visit Puerto Rico to Survey Storm Damage

Utility companies are still working to restore power to thousands of customers on the island nearly two weeks after Hurricane Fiona made landfall. ww [...]
Biden Will Visit Puerto Rico to Survey Storm Damage

Biden Will Visit Puerto Rico to Survey Storm Damage

Utility companies are still working to restore power to thousands of customers on the island, nearly two weeks after Hurricane Fiona made landfall. w [...]
Biden to announce $60M to bolster flood protections in Puerto Rico

Biden to announce $60M to bolster flood protections in Puerto Rico

The president and first lady Jill Biden will visit the municipality of Ponce, which was one of the regions most devastated when Hurricane Fiona drop [...]
As Ian batters Florida, Puerto Ricans fear being forgotten

As Ian batters Florida, Puerto Ricans fear being forgotten

Power is still out for 20 percent of Puerto Rican customers and unstable for those who have it. Water outages, partly due to the lack of electricity, [...]
DHS waives Jones Act for Puerto Rico to supply fuel after hurricane

DHS waives Jones Act for Puerto Rico to supply fuel after hurricane

The Department of Homeland Security’s choice to suspend the Jones Act — which typically allows only U.S.-flagged ships to transport maritime cargo be [...]
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