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Lawmaker Goes After Puerto Rico’s Crypto Tax Haven

Lawmaker Goes After Puerto Rico’s Crypto Tax Haven

April 21, 2025KryptonaryCryptocurrencyCrypto, Puerto Rico

A calm Caribbean region embroiled in the eye of Congress has for decades been a safe haven for tax-dodging cryptocurrency investors. New York’s Representative Nydia Velázquez has recently proposed Puerto Rico tax-cryptocurrency legislation that would revoke the island’s status as a crypto tax haven, which would compel rich digital asset investors to pay municipal and…

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