Tether faces scrutiny from S&P over financial stability as it exits Uruguay and adjusts operations amid the evolving global stablecoin landscape.
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Welcome to Latam Insights, a compendium of Latin America's most relevant crypto and economic news during the last week.
Tether halts its Uruguay Bitcoin mining project, dismisses 30 employees, citing high energy costs and tariff issues.
Tether abandons Bitcoin mining operations in Uruguay.
Tether Uruguay has officially exited the market after failed negotiations with UTE, resulting in significant layoffs.
MONTEVIDEO, Uruguay, November 27 (IPS) - Three years ago, Captain Ibrahim Traoré seized power in Burkina Faso with two promises that have proved hollow: to address the country's deepening security crisis and restore civilian rule. Now he has ...
Tether has laid off 30 of its 38 staff in Uruguay, halting its massive $500 million crypto mining operations, citing high electricity costs. The post Tether Ceases Operations in Uruguay Citing High Energy Costs appeared first on Cryptonews.
Eni annonce la signature d'un accord avec YPF pour l'acquisition d'une participation de 50% et de la prise de rôle d'opérateur du bloc d'exploration offshore OFF-5, au large de l'Uruguay ...
Eni said it agreed to acquire a 50% share and operatorship in the OFF-5 exploration block offshore Uruguay from Argentina's YPF.
United States 5-1 victory ends Uruguay's unbeaten run ahead of the FIFA 2026 World Cup. Marcelo Bielsa's team came fourth in South American World Cup qualifying.