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, issuer of USDT, the world’s largest stablecoin, has halted Bitcoin mining operations in Uruguay because of rising energy costs. “We can confirm that we have paused operations in Uruguay,” a Tether spokesperson told Cointelegraph on Friday, adding that the company remains committed to its long-term projects in Latin America. The confirmation came weeks after Tether denied reports that it planned to exit the country following a $4.8 million debt dispute with a state-owned electricity provider in September. Read more
Political instability and corruption entered the top three concerns for young people in Romania in 2025 (36%, respectively 22% of Millennials and 23%, respectively 25% of Generation Zs are concerned about these issues), according to Deloitte Global Gen Z and Millennial Survey 2025, conducted in 44 countries, including Romania.
Turkmenistan has passed a sweeping crypto law that legalizes the industry but tightly controls it through licensing and the potential use of state-run ledgers. Turkmenistan has approved a sweeping law to legalize and tightly regulate the cryptocurrency industry, marking a major policy shift for one of the world’s most closed economies. According to a Nov. 28 report from local news outlet Business Turkmenistan, President Serdar Berdimuhamedov signed a law regulating the crypto industry. The new law, which will come into force in 2026, establishes licensing, know-your-client, Anti-Money Laundering, and cold storage requirements for crypto exchanges and custodial services, and prohibits credit institutions from providing crypto services. The state can also stop, void and force a refund of token issuances. Read more