1 / 1 Relevant items tagged with #Uruguay
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Uruguay Passes Cryptocurrency Law
[Oct 3 4:30 AM] Proposed over two years ago, the law recognizes cryptocurrency as virtual assets in the country, establishing the Central Bank of Uruguay as the regulator and overseer of companies seeking to offer cryptocurrency services. The law positions Uruguay…
Latam Insights: El Salvador Launches Pilot to Introduce Bitcoin Content in Schools, Bitso Teams up With Despegar in Argentina
[Sep 11, 2023 1:00 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador launches a pilot to add Bitcoin content to school curriculums, Bitso announces a partnership…
El Salvador Launches Pilot Project to Include Bitcoin Content in School Curriculums
[Sep 7, 2023 4:00 PM] The Ministry of Education in El Salvador partnered with Mi Primer Bitcoin (MPB), a nonprofit educational organization, to make Bitcoin-related content part of the school curriculum in the country. The pilot program will train 150 teachers to impart…
Tether unveils mining software to boost efficiency and capacity
[Aug 6, 2023 12:45 AM] The recently introduced Tether BTC mining software’s primary aim is to enhance the efficient management of mining capacity.
Tether Attestation Reveals Reserve Increase of $850 Million in Q2, Excess Reserves Reach $3.3 Billion
[Aug 1, 2023 3:30 PM] Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services, found Tether has increased its…
Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy
Latam Insights —Tether to Start Bitcoin Mining Operations in Uruguay; Lula Proposes Abandoning US Dollar
Tether Expands: Stablecoin Issuer Announces Sustainable Bitcoin Mining Project in Uruguay
[May 30, 2023 1:30 PM] After announcing its plan to invest 15% of profits into bitcoin, the company Tether Limited has taken another step toward its crypto goals. Tether, the stablecoin issuer, has revealed its latest venture: “sustainable bitcoin mining…
Stablecoin Issuer Tether To Begin Bitcoin Mining Operations In Uruguay
[May 30, 2023 1:23 PM] Tether, the company behind the widely popular USD stablecoin, has announced its foray into energy production and sustainable Bitcoin mining operations in Uruguay. According to the announcement, Tether’s collaboration with a local licensed company…
Tether moves into Bitcoin mining in Uruguay
[May 30, 2023 10:15 AM] As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar.
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
[May 30, 2023 7:36 AM] Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure.