Tether Finally Winds Down Mining Operations in Uruguay

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. Tether Leaves Uruguay, Abandons $500 Million Mining Investment The … Read more

Historic: Bolivia to Integrate Stablecoins Into Its Banking System, Use Them as Legal Tender

The Economy Minister of Bolivia, Jose Gabriel Espinoza, stated that cryptocurrency would be added to the country’s financial services, making the nation one of the first to adopt the alternative crypto system within traditional banks. Espinoza stated this was part of a wider modernization push. Economy Minister: Bolivia to Pioneer Cryptocurrency Banking Adoption The Facts … Read more

South African Reserve Bank Flags Crypto and Stablecoins as Structural Risk

The South African Reserve Bank (SARB) has added crypto assets and stablecoins to a new, monitored risk category, citing a massive surge in local crypto adoption. New Risk Category Established The South African Reserve Bank (SARB) has added crypto assets and stablecoins to a new, monitored risk category, citing the surging value of crypto holdings … Read more

Binance Joins EU Agencies in Major Crackdown on Crypto-Fueled Digital Piracy Networks

Global crypto enforcement power surged as a sweeping multinational crackdown used blockchain intelligence to strike directly at the profitable Illegal Internet Protocol Television (IPTV) piracy networks long fueled by digital payments. Binance, EU Agencies Target IPTV Piracy Networks Crypto exchange Binance announced on Nov. 26 that it assisted the European Union Agency for Law Enforcement … Read more

Visa Expands Stablecoin Settlement Across Europe, Middle East, and Africa

Visa’s sweeping expansion of its stablecoin settlement network unlocks faster, cheaper, internet-speed transactions across three major global regions, signaling accelerating institutional momentum toward blockchain-powered payments without abandoning traditional financial safeguards. Visa Advances Stablecoin Settlement Across CEMEA Regions Through Strategic Aquanow Partnership Visa announced on Nov. 27 that it expanded its stablecoin settlement program across Central … Read more

Upbit’s Solana Shock: $38M Vanishes, Premiums Spike, and Regulators Move In

Around dawn on November 27, Upbit confirmed an abnormal outflow of Solana-network assets worth roughly 54 billion KRW (~$38.5 million). The transfer hit at 04:42 KST, drained funds across multiple Solana-ecosystem tokens, and went straight into unknown external wallets. Upbit paused all deposits and withdrawals immediately. It’s a normal procedure on paper, but the sudden … Read more