Paradise Found? Puerto Rico’s Crypto Gamble

crypto economy

Sun-drenched beaches, vibrant culture, and…cryptocurrency? Puerto Rico is making a bold bet on becoming a hub for the digital asset revolution. Lured by tax breaks and a tropical paradise, crypto entrepreneurs and investors are flocking to the island. But can this gamble pay off, or will it leave the local economy in the red? Tax Oasis for Crypto Whales Puerto Rico’s trump card is Act 60, a tax incentive program offering a 0% capital gains tax on crypto held for over a year. This, combined with U.S. citizenship benefits for…

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