Tether to Shutter Uruguay Bitcoin Mining Operation
Stablecoin giant Tether will shutter its Uruguay Bitcoin mining operation, citing regulatory pressure and rising costs. The exit signals a strategic pullback from South America.
regulatory environment
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Discover NYKNYC, a groundbreaking initiative reshaping urban landscapes. This innovative hub combines technology and creativity to drive sustainable development, enhance community engagement, and redefine city living for a brighter future.
Taxing Bitcoin ‘doesn’t make a ton of sense’ — Fund manager
In a recent discussion, a prominent fund manager argued that imposing taxes on Bitcoin may not be a practical approach. He highlighted the complexities surrounding cryptocurrency valuation and the potential deterrent effect on innovation within the sector.
Morgan Stanley Introduces Crypto Trading On E*Trade Amid Trump’s Deregulation
Morgan Stanley’s E*Trade is reportedly exploring the addition of Bitcoin and cryptocurrency trading, potentially signaling a significant shift in retail finance. This move comes amid a broader trend of deregulation, reminiscent of policies from the Trump administration.
US-Canada tariff flip-flops have Bitcoin miners on their toes
As U.S.-Canada tariff fluctuations create uncertainty, Bitcoin miners navigate a complex landscape. The shifting trade policies impact operational costs and market dynamics, prompting miners to reassess strategies to stay competitive in an evolving environment.