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El Salvador Complies With IMF Requirements: Bitcoin Legal Tender Status Withdrawn

El Salvador Complies With IMF Requirements: Bitcoin Legal Tender Status WithdrawnCongress passed a reform that modifies the so-called “Bitcoin Law” in El Salvador to comply with the stipulated requirements in the deal inked with the IMF last year. These modifications prepare the country to receive $1.4 billion in a credit facility. El Salvador Passes Bitcoin Law Reform, BTC Acceptance Is Now Voluntary El Salvador, a […]

Crypto market cycle permanently shifted — Polygon founder

Bukele Blasts Local Bitcoin Naysayers: ‘The Key Is Not Listening to Them’

Bukele Blasts Local Bitcoin Naysayers: ‘The Key Is Not Listening to Them’Nayib Bukele, President of El Salvador, has blasted the attitude of the opposition to its government, which has used his bitcoin policies as an attack vector against his administration. Bukele stated it is better to not listen to them. El Salvador’s President Nayib Bukele on Bitcoin Critics: Better ‘Not Listening’ to Them Nayib Bukele, President […]

Crypto market cycle permanently shifted — Polygon founder

Latam Insights Encore: El Salvador Is Becoming Latam’s Crypto Hub

Latam Insights Encore: El Salvador Is Becoming Latam’s Crypto HubWelcome 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 becoming the capital of crypto for Latam, moving its economy positively. Latam Insights Encore: El Salvador Will Become Latam’s Crypto Hub El Salvador, a little nation that […]

Crypto market cycle permanently shifted — Polygon founder

Latam Insights: Tether’s Salvadoran Move, Rumble’s Cloud Deal

Latam Insights: Tether’s Salvadoran Move, Rumble’s Cloud DealWelcome 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, Tether relocates its headquarters to El Salvador, Rumble closes a cloud deal with the Salvadoran government, and Nubank opens its USDC rewards program for all Latam customers. […]

Crypto market cycle permanently shifted — Polygon founder

Tether Confirms Skyscraper Construction in El Salvador

Tether Confirms Skyscraper Construction in El SalvadorPaolo Ardoino, CEO of Tether, the issuer of USDT and one of the larger companies in the crypto space, has confirmed plans to physically relocate part of its operations to El Salvador besides moving its headquarters to the country. President Nayib Bukele revealed that the company will build a skyscraper, the Tether Tower, in an […]

Crypto market cycle permanently shifted — Polygon founder

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 […]

Crypto market cycle permanently shifted — Polygon founder

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 […]

Crypto market cycle permanently shifted — Polygon founder

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 […]

Crypto market cycle permanently shifted — Polygon founder

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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Crypto market cycle permanently shifted — Polygon founder

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 […]

Crypto market cycle permanently shifted — Polygon founder