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NEWS IN South America
Tether to relocate headquarters to El Salvador amid crypto hub ambitions
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...
Chilean lawmakers consider strategic Bitcoin reserve proposal for 2025
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 defies IMF, pledges to continue Bitcoin purchases
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.
Brazil approves Latin America’s first ‘data center city’ in Eldorado do Sul
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.
President Nayib Bukele flexes El Salvador’s US$362 million Bitcoin gain
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.
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