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Rumble to Launch Offices in El Salvador and Initiate Local Hiring

Rumble to Launch Offices in El Salvador and Initiate Local HiringRumble, a video distribution and cloud services company, is preparing to start operations in El Salvador. Chris Pavlovski, CEO of Rumble, disclosed that the company is in the process of launching offices in the country and that it was evaluating the specific location of these. “We are looking for local talent to implement cloud solutions […]

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Tether Relocating to El Salvador After Receiving Stablecoin Issuer License

Tether Relocating to El Salvador After Receiving Stablecoin Issuer LicenseTether, the company behind USDT, has announced its imminent relocation to El Salvador after receiving a stablecoin issuer license. Paolo Ardoino, CEO of Tether, described this move as a natural progression that will allow the company to strengthen its focus on emerging markets. Tether Moves to El Salvador to Focus on Emerging Markets Tether, one […]

XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

Latam Insights Encore: El Salvador’s Bitcoin Push to Boost Its Tourism Industry

Latam Insights Encore: El Salvador’s Bitcoin Push to Boost Its Tourism IndustryWelcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how bitcoin can help grow El Salvador’s tourism industry. Latam Insights Encore: El Salvador’s Bitcoin Push Will Bring Its Tourism Industry to New Heights The Salvadoran tourism industry is having a […]

XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

Tether will relocate HQ to El Salvador after securing license

Tether is moving its operations from the British Virgin Islands to El Salvador after being granted a digital asset service provider license.

Stablecoin issuer Tether announced that it would move the company and its subsidiaries to El Salvador after it had secured an operating license in the Latin American nation.

In a Jan. 13 notice, Tether said it had acquired a license to operate in El Salvador as a digital asset service provider and stablecoin issuer. The company said it planned to relocate its headquarters and subsidiaries to El Salvador due to its “forward-thinking policies, favorable regulatory environment, and [...] growing Bitcoin-savvy community.”

“This decision is a natural progression for Tether as it allows us to build a new home, foster collaboration, and strengthen our focus on emerging markets,” said Tether CEO Paolo Ardoino, adding: 

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XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

Latam Insights: El Salvador’s DOJ Bitcoin Watch, Chile’s Bitcoin Bench

Latam Insights: El Salvador’s DOJ Bitcoin Watch, Chile’s Bitcoin BenchWelcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, El Salvador wants to buy DOJ’s bitcoin at a discount, Chilean lawmakers plan to establish a bitcoin bench, and El Salvador’s bitcoin adoption might be spearheading the […]

XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

El Salvador Inks Cloud Services Agreement With Rumble

El Salvador Inks Cloud Services Agreement With RumbleThe government of El Salvador has entered into a service agreement with Rumble, a Canadian video and cloud services company. The company will provide cloud computing services to El Salvador, including data storage, databases, load balancers, and remote application integration. El Salvador to Rely on Rumble for Cloud Computing Services The government of El Salvador […]

XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

Santander: El Salvador’s Bitcoin Adoption Fuels Tourism Boom

Santander: El Salvador’s Bitcoin Adoption Fuels Tourism BoomEl Salvador’s tourism soared in 2024, with bitcoin adoption and safety reforms transforming the nation into a global powerhouse, driving unprecedented economic and tourism growth. Bitcoin-Led Tourism Boom Positions El Salvador as a Global Model Santander US Capital Markets LLC, a division of the global financial giant Banco Santander, published a report on Jan. 10 […]

XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

El Salvador Aims to Purchase DOJ’s Seized Bitcoin at a Discount

El Salvador Aims to Purchase DOJ’s Seized Bitcoin at a DiscountNayib Bukele, the President of El Salvador, who has continued to push forward with bitcoin policies in his country, announced that he aims to profit from the potential DOJ sales of bitcoin seized as part of the Silk Road market takedown. El Salvador Hints at Purchasing Silk Road-Seized Bitcoin, Presses Ahead With New BTC Acquisitions […]

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Bitfinex Derivatives Moves to El Salvador After Receiving License

Bitfinex Derivatives Moves to El Salvador After Receiving LicenseBitfinex, a cryptocurrency exchange, has recently moved its derivatives services division to El Salvador, transitioning customers to a new jurisdiction after receiving a Digital Asset Service Provider (DASP) license. Bitfinex Derivatives El Salvador S.A. de C.V., a Salvadoran local entity, will now provide these services. Customers must approve a new set of service terms to […]

XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

Latam Insights Encore: El Salvador’s Bitcoin Bragging Signals a Point of No Return

Latam Insights Encore: El Salvador’s Bitcoin Bragging Signals a Point of No ReturnWelcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how El Salvador is now placing its Bitcoin-focused policy front and center in its international engagements, suggesting that there may be no turning back. Latam Insights Encore: Bragging Means There Is […]

XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report