Tether, the issuer of the world’s largest stablecoin, has announced plans to move its headquarters to El Salvador, as the Central American nation continues its push to position itself as a global cryptocurrency hub.
A group of Chilean legislators is preparing to establish a Bitcoin-focused congressional coalition to advance cryptocurrency regulation and explore creating a national Bitcoin reserve.
El Salvador announced plans to continue and potentially accelerate its Bitcoin purchases, despite reaching a US$1.4 billion IMF loan agreement that called for limiting cryptocurrency exposure.
Eldorado do Sul, a municipality in Rio Grande do Sul, Brazil, has officially approved legislation enabling the construction of Latin America’s first data center city.
El Salvador’s bold Bitcoin experiment has netted over US$362 million in unrealized profits, vindicating President Nayib Bukele’s decision to adopt the cryptocurrency as legal tender in 2021.
El Salvador is poised to reach an agreement with the International Monetary Fund that would require scaling back its pioneering Bitcoin legal tender policy—a move designed to secure critical international financial support.
Brazil’s Congress is weighing a proposal to establish a sovereign Bitcoin reserve, a move that could redefine the nation’s stance on digital assets amid global economic uncertainties.
Maya Parbhoe, a tech entrepreneur and presidential candidate for Suriname’s 2025 elections, has a bold plan to transform the South American nation into a Bitcoin-powered economy.
El Salvador’s President Nayib Bukele is mulling the idea of renting out the country’s 170 volcanoes to Bitcoin miners, leveraging geothermal energy for sustainable cryptocurrency production.
