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Tether Plans Bitcoin Mining in Uruguay
30.5.2023
Tether is launching bitcoin mining in Uruguay.
Tether, the company behind the largest stablecoin by market cap, said the move “showcases” its commitment to energy innovation and the future of crypto, in an announcement on Tuesday. ...
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Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
30.5.2023
Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure
Huobi Partners With Astropay to Facilitate Fiat Payments in Latam
23.9.2022
Huobi Global, one of the biggest exchanges in volumes traded, has announced a partnership to make it easier for its Latam-based customers to acquire cryptocurrencies. The exchange has allied with Astropay, a payment services platform, to allow customers in Latam to purchase cryptocurrency with fiat...
Uruguay’s Executive Branch Proposes Crypto Bill for Central Bank to Regulate Virtual Assets
13.9.2022
The project must be approved by the country’s Chamber of Deputies and its Senate before becoming law
New regulatory bill grants Uruguayan Central Bank control over the nation's crypto industry
13.9.2022
The Uruguayan government introduced legislation to the parliament on Sept. 5, accelerating industry regulation
Uruguay Introduces Cryptocurrency Law in Parliament
13.9.2022
A new cryptocurrency bill project was introduced by the executive power to the Parliament of Uruguay. The bill seeks to clarify how crypto assets will be regulated in the country, giving the Central Bank of Uruguay competence over cryptocurrency assets, modifying its organic charter,...
Central Bank of Uruguay Summons to Binance Due to Its Savings Focused Cryptocurrency Products
1.8.2022
The Central Bank of Uruguay has issued a summon to Binance, one of the biggest exchanges in the world, due to the series of crypto-based savings products they are offering in the country. These savings products, according to the bank, can only be made through verified banking institutions or...
Huobi Global Acquires Latin American Crypto Exchange Bitex
27.5.2022
The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most...
Government of Uruguay Presents Campaign Against Crypto Scams
24.5.2022
The Department of the Interior of Uruguay is taking steps to warn users about the danger they face when investing in certain crypto projects that could be scams. The campaign is called “Fake Coins: Cryptocurrency Scams” and seeks to educate the population about the most common kinds...
Uruguay reportedly installs its first Bitcoin ATM
15.1.2022
Uruguay’s first crypto ATM has been installed in the coastal city of Punta del Este, a major tourist attraction in the region
First Cryptocurrency ATM Reportedly Installed in Uruguay
15.1.2022
The ostensible first cryptocurrency ATM machine has been installed in Uruguay, developed as a joint initiative between Urubit and Inbierto, two national crypto companies. This represents a milestone for the country, which according to estimates has between 40K and 50K cryptocurrency users, whose...
Uruguay’s First Bitcoin & BNB ATM an Instant Hit with ‘1,000 Transactions in First Hours’
10.1.2022
Uruguay’s first crypto ATM may have taken a long time to arrive – but it has proven an instant hit, with reports claiming that the machine handled over 1,000 crypto transactions within the first hours of opening to customers late last week.
Per the news agency EFE (via Hola News), the machine...
Peru, Uruguay Edge Closer to Crypto Regulation with Draft Law, Policy Advisory Report
5.1.2022
Governments in South America are gearing up to regulate crypto in the year ahead – with lawmakers in Peru and Uruguay readying legislation and draft proposals....
Read More: Peru, Uruguay Edge Closer to Crypto Regulation with Draft Law, Policy Advisory Report
Central Bank of Uruguay Describes Roadmap to Crypto Asset Regulation
6.10.2021
The Central Bank of Uruguay has issued a statement describing a roadmap for the regulation of cryptocurrency assets in the near future. The institution stated it has established a group to examine the best way possible to regulate these assets, considering the realities of the crypto industry....
Uruguay Regulator Suggests that Crypto-Real Estate ‘Exchanges’ Are Possible
15.9.2021
del Castillo & Asociados approached the General Tax Directorate (known locally as the DGI), an agency that answers to the nation’s Ministry of Economy and Finance, for advice on the matter. The media outlet noted that a number of “specialized portals” that advertise real est
New Draft Law in Uruguay Could Legalize Crypto as Payment Method
6.8.2021
A new draft law introduced to the Senate in Uruguay could regulate cryptocurrency transactions, and also legalize cryptocurrency as an accepted payment method in the country. If approved, the draft proposed by Senator Juan Sartori would also introduce licenses for Virtual Asset Service Providers...
Uruguay Senator Sartori Unveils Crypto Adoption and Regulation Bill
5.8.2021
Juan Sartori. Source: Twitter/@JuanSartoriUY
A powerful young Uruguayan entrepreneur and senator has launched a bid that might ensure that businesses in the country can legally accept crypto as payments.
Juan Sartori, 40, is the founder of the Union Group conglomerate and the co-owner and director...
Uruguay: Senator introduces bill to enable use of crypto for payments
5.8.2021
A Uruguayan Senator has introduced a bill seeking to “establish a legitimate, legal and safe use in businesses related to the production and commercialization of virtual currencies.”
Survey: 1 in 4 Senior Executives in Uruguay Have Used Cryptocurrencies
13.12.2020
A survey made in Uruguay across different business sectors revealed that 24% of the 49 senior executives (1 in 4) from companies in the country claimed to have used cryptocurrencies at any point in their lives. Senior Executives in Uruguay Reveal Their Level of Knowledge on Cryptocurrencies...
Max Keiser: Bitcoin's first function is to clean up the mess left by fiat
12.12.2019
Max Keiser from Uruguay: "The inherent violence of fiat money must be replaced by the peaceful nature of Bitcoin"