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Cryptocurrency’s Adoption in Puerto Rico Taking Form

By on February 17, 2022

Trends Include Real Estate Transactions, Tech Certification
Opportunity for Students, Job Seekers

Now that Puerto Rico has lured thousands of stateside investors through tax breaks passed years ago, lawmakers are looking to jump on the crypto bandwagon, given that many of their beneficiaries trade in digital currencies.

The Puerto Rico legislature, for example, has reportedly been looking into measures that utilize the safety features of the ledger behind cyber currency trading, blockchain, to improve public sector transparency, regulate the industry, and have its investors play a part in the improvement of the island’s economic development.

Universities also have an opportunity to assist in the latter by preparing the future professionals responsible for making the industry more robust.

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