Puerto Rico’s Crypto Community Enjoys a Tax Haven, But Does Puerto Rico Benefit?
In an upscale bar covered in fake flowers and neon signs that read “DTF - Down to Fiesta,” a group of mostly white, millennial-aged men gathered in February 2024 for an event called ‘Crypto Mondays San Juan.’ Their aspiration: making millions in ‘tax haven’ Puerto Rico.
Pedro Rivera, who refers to himself as “Blockchain Pedro,” regularly runs these events, conducted in English, out of San Juan’s tourist hub. Guests typically include dozens of transplants, many of whom likely benefit from extens
Pedro Rivera, who refers to himself as “Blockchain Pedro,” regularly runs these events, conducted in English, out of San Juan’s tourist hub. Guests typically include dozens of transplants, many of whom likely benefit from extens