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Category uruguay
Tether Ceases Operations in Uruguay Citing High Energy Costs
Tether has laid off 30 of its 38 staff in Uruguay, halting its massive $500 million crypto mining operations, citing high electricity costs.
The po...
Nov, 27, 2025
2 min read
by Cryptonews
Shocking: Tether Abandons $500 Million Crypto Mining Operation in Uruguay
BitcoinWorld
Shocking: Tether Abandons $500 Million Crypto Mining Operation in Uruguay
In a stunning reversal, Tether has abruptly halted its mass...
Nov, 27, 2025
3 min read
by Bitcoin World
Exodus Wallet Acquires Uruguay’s Grateful to Boost Latin America Stablecoin Payments
Exodus acquires Uruguay-based Grateful to expand stablecoin merchant services and faster, lower-cost payouts. Exodus Movement, Inc. (NYSE American:...
Nov, 11, 2025
by Bitcoin News
Tether Reinforces Crypto Mining Push in Uruguay
While local reports said the company was leaving Uruguay, Tether denied those claims, saying it remains in talks to continue its mining operations....
Sep, 26, 2025
by Bitcoin News
Tether Clarifies Power‑Cut Situation in Uruguay
Tether is in the early stages of winding down its mining operations in Uruguay due to high energy costs. Tether had been negotiating new tariffs wi...
Sep, 21, 2025
by Bitcoin News