The recently introduced Tether BTC mining software’s primary aim is to enhance the efficient management of mining capacity.
Tether moves into Bitcoin mining in Uruguay
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
Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure.
New regulatory bill grants Uruguayan Central Bank control over the nation’s crypto industry
The Uruguayan government introduced legislation to the parliament on Sept. 5, accelerating industry regulation.
Uruguay reportedly installs its first Bitcoin ATM
Uruguay’s first crypto ATM has been installed in the coastal city of Punta del Este, a major tourist attraction in the region.
Uruguay: Senator introduces bill to enable use of crypto for payments
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.”