Puerto Rico Financial News

10.02 / 15:33

Adoption Bitcoin crypto donations Bitcoin set to help communities — Latinx nonprofit now accepts crypto donations

An organization that supports communities in times of need employs the helping hands of crypto to open the doors for a “broader swath of philanthropists.”

28.01 / 12:37

UPS Puerto Rico Bondholders Bullish on Post-Bankruptcy Economy

Puerto Rico bondholders are expected to benefit from rising federal support for the island territory as it leaves bankruptcy behind, cementing a profitable trade for many investors who brokered its restructuring.

21.01 / 00:17

business Law Binance Former Binance US CEO Catherine Coley is still missing, and no one seems to be talking

Around the time Binance.US announced former Comptroller of the Currency Brian Brooks would be leading the crypto exchange, former CEO Catherine Coley effectively dropped off the face of the digital world.

19.01 / 14:05

UPS Puerto Rico Released From Bankruptcy as Economic Problems Persist

Puerto Rico received court approval to leave bankruptcy through the largest restructuring of U.S. municipal debt ever, ending years of conflict with creditors as the U.S. territory confronts other stubborn economic problems.

06.01 / 18:51

MET Software How a PE billionaire’s crypto bets helped double his firm’s assets to more than $90bn

While the nation was in lockdown mode in the spring of 2020, the nation’s most successful private equity software investor found himself in Puerto Rico with nothing to do. Orlando Bravo, the billionaire chief of private equity firm Thoma Bravo, had left San Francisco to spend the first months of the pandemic on the island where he grew up.

05.01 / 11:17

MET Software How a PE billionaire’s crypto bets helped double his firm’s assets to more than $90bn

18.12 / 20:19

Law Adoption regulation corruption Cure for the itch: Deputizing blockchain to fight public corruption

Puerto Rico recently announced that it may be looking for a blockchain solution to fight government corruption, particularly after a Puerto Rican mayor pleaded guilty to accepting a cash bribe of more than $100,000.

13.12 / 07:27

cryptocurrency Citi Bitcoin Why Crypto Rich Are Moving To Puerto Rico

During the last big crypto bull run, many investors tried to move to Puerto Rico.

09.12 / 12:09

Government Blockchain Law Bitcoin Puerto Rico wants to combat corruption with blockchain technology

Following another corruption scandal, the government of Puerto Rico is reportedly seeking to improve its anti-corruption efforts by adopting blockchain technology.

08.11 / 08:23

stock market New York Mayor-elect Eric Adams envisions crypto paychecks for all

Eric Adams said he wants to explore ways that might allow New Yorkers to be paid directly in Bitcoin and other cryptocurrencies, as he seeks to turn the city into a hub for innovation. Speaking to reporters in Puerto Rico, where he is attending the Somos Puerto Rico Conference, an annual convention that attracts Albany lawmakers, Adams reiterated a pledge he made this week to receive his first three paychecks in Bitcoin.

what's happening in Puerto Rico

What is the current situation in Puerto Rico?

In Puerto Rico, the spotlight is on local government initiatives that impact the interests of residents.

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