News Uruguay Finance: Tether’s Uruguay Mining Exit Shows the Risk of Unsecured Power
Tether has abandoned a Bitcoin mining buildout in Uruguay that a former contractor estimated cost roughly $120M, after a dispute with state-owned utility Administración Nacional de Usinas y Trasmisiones Eléctricas (UTE). The dispute is over how much electricity the stablecoin issuer’s contract actually guaranteed, according to a Reuters investigation reviewed ...
News Uruguay Finance: Uruguay’s banking cost of capital
Uruguay's cost of capital is not just a financial statistic. It reflects institutional choices over time: keeping inflation in check, maintaining political stability, honoring contracts and investing ...
News Uruguay Finance: US CDC: Avoid travel to 22 countries, including Egypt, Australia, Israel, Qatar & Uruguay over Covid-19 concerns
Snow and strong winds have caused disruption on the US east coast, along with Toronto, as millions were forced to stay at home, schools were closed and public transport routes interrupted US secretary ...
