The Weekly Journal - Wednesday, February 16, 2022

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Wednesday, February 16-22, 2022 - // no. 147

Puerto Rico and the Caribbean

www.theweeklyjournal.com

Inflation: Private sector avoided a greater impact P6 Millennials and Generation Z new digital nomads P7 Puerto Rico’s future shouldn’t be tax exempted P8

Government ponders

whether to jump on the crypto wagon Still, the federal government is yet to issue specific guidelines on the subject

Super Bowl ads bring back the past P15

P

Juan A. Hernández - The Weekly Journal

uerto Rico government agencies worries about the possible regulations that could be enacted in the case of cryptocurrency, specifically about its acceptance as a form of payment in government transactions. The federal government is yet to issue specific guidelines on the

subject. “The [government] agencies have expressed their concerns… Nevertheless, we can still work

out the concerns of the Financial Institutions Commissioner’s Office about cryptocurrency and its jurisdiction over the Bitcoin Teller Machines (BTMs) –which are like cryptocurrency ATMs– that are already operating on the island,” said Representative Jesús Manuel Ortiz (Popular Democratic Party) after the first public hearing on the subject. Rep. Ortiz is the chair of the House of Representatives Committee on Government, which is investigating “the concept of blockchain as a GO TO PAGE 4


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