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Latam Insights: Bolivia Embraces Stablecoins, Tether Leaves Uruguay
30.11.2025
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Bolivia announces the integration of stablecoins into its banking system, Tether abandons mining operations in Uruguay, and the Libra Trust emerges out of...
Tether Shuts Down Uruguay Mining Operations Over Energy Tariffs
28.11.2025
The company had planned to invest up to $500 million in Uruguay, but cited high energy prices and regulatory hurdles as reasons for its pullout
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halts Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid rising energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether confirms Uruguay Bitcoin mining exit amid high energy prices
28.11.2025
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE
Tether Finally Winds Down Mining Operations in Uruguay
28.11.2025
Tether, one of the largest cryptocurrency companies, has finally confirmed its exit from Uruguay after a breakdown in its negotiations with UTE, the national power company. The local press reported that the company fired 30 workers and notified the national labor ministry (MTSS) of these actions....