Uruguay Approves Crypto Law
Uruguay has enacted a crypto law, positioning the country as a regional leader in crypto regulation. The law, proposed over two years ago, acknowledges cryptocurrency as virtual assets in Uruguay and designates the Central Bank of Uruguay as the regulator and administrator of companies that wish to provide cryptocurrency services. Due to the law, Uruguay […]
Tether to Mine Bitcoin in Uruguay Using Renewable Energy
Tether plans to establish ethical and sustainable Bitcoin mining as the norm by utilizing Uruguay’s renewable energy sources alongside the power of Bitcoin. The stablecoin giant, Tether has dedicated resources to energy production and partnered with a licensed company in Uruguay to lay the foundation for a viable Bitcoin mining venture in the country. The […]
Uruguay and Colombia Take Steps to Regulate Bitcoin
Uruguayan and Colombian senators have introduced legislation with the goal of establishing a more secure Bitcoin market in their respective countries. Uruguay has joined the recent wave of governmental measures in Latin America to regulate the Bitcoin and cryptocurrency industries, just as Colombia is updating its existing crypto framework. Yesterday, Uruguayan businessman and Senator Juan […]