Puerto Rico creates a monitoring commission to assess the legality of the blockbuster projects

March 17, 2018

In kriptonalogovom paradise, too, will be control.

Puerto Rico, having canceled tax for long-term capital gains, has attracted the attention of developers of block-projects around the world, as a place that aspires to become a paradise for the blockbuster industry.

As it became known, not every project will be accepted in this paradise. The Department of Economic Development and Trade of Puerto Rico (DDEC) announced the creation of a monitoring commission to promote the use of blockages in projects.

The commission will include representatives of the government, as well as investors, entrepreneurs and experts in the technology of blockades, which in recent months moved to Puerto Rico, as well as industry representatives from the United States.

The same structure will assess the legality of projects and their real attitude to blockade technology. Since some companies simply use the word "block".

Companies that changed their names by including the word "Blockchain" saw their shares rose sharply, one company reported an increase of 400 percent, reports Cointelegraph.

Author: Evgenij Novožilov, Analyst Freedman Club Crypto News

Image from Fotolia

Source: Read Full Article