PuertoRico

Democrats Target Puerto Rico's Tax Incentives for Crypto Investors

2 months ago

In a significant policy shift, Democratic lawmakers are turning their attention to the controversial tax incentives that Puerto Rico provides to cryptocurrency investors. This move comes as part of a broader effort to reform taxation in the cryptocurrency sector, which has faced scrutiny in recent years due to issues related to revenue loss and economic inequality.

Puerto Rico Faces Widespread Power Outage, Leaving Millions Without Electricity

5 months ago

In a shocking development, Puerto Rico is grappling with a massive power outage that has plunged approximately 1.3 million residents into darkness. This widespread blackout, which has affected nearly half of the island's population, was reportedly triggered by a significant failure in the electrical grid infrastructure, raising alarm bells about the ongoing struggles of the territory's energy system.