PayPal Pulls Out of Puerto Rico; Huge Opening for Bitcoin

By September 8, 2015Bitcoin Business

The original online payment platform, PayPal, has decided to leave the populous island of Puerto Rico next month. The country has imposed a 2 percent take on any money transmission, forcing Paypal’s hand. So what does this mean for those who need to send money from Puerto Rico? Puerto Rico Begins Capital Controls

When a country’s economy or currency is struggling or on the brink of collapse, the citizens start to move money out […]

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