Cryptocurrency

Tether Exits Uruguay Amid Energy Crisis

Tether Exits Uruguay Bitcoin Mining Operation, Cuts Staff Amid Energy Price Squeeze Stablecoin giant Tether has officially shut down its direct Bitcoin mining operations in Uruguay, resulting in the dismissal of approximately 30 employees. The decision is attributed to a challenging combination of rising energy costs and a significant financial dispute with the country’s state-owned

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KuCoin EU Gains MiCA Advantage

KuCoin EU Secures MiCA License in Austria, Expanding Reach Across European Economic Area The European arm of the cryptocurrency exchange KuCoin has achieved a significant regulatory milestone by securing a license in Austria. This authorization, granted by Austria’s Financial Market Authority, falls under the European Union’s forthcoming Markets in Crypto-Assets regulation framework. The license permits

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Switzerland Delays Crypto Tax Reporting Swiss Crypto Tax Reprieve Granted Swiss Crypto Industry Wins Delay Switzerland Buys Crypto Tax Time Swiss Crypto Tax Grace Period

Switzerland Delays Crypto Tax Data Sharing Until 2027 Switzerland, a global hub for finance and cryptocurrency, has decided to postpone the implementation of a major international tax data sharing standard for crypto assets. While the country will formally adopt the legal framework on January 1, 2026, its practical enforcement is now scheduled to begin no

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Visa Accelerates Global Stablecoin Payments

Visa Expands Stablecoin Settlement Capabilities Through New Aquanow Partnership Visa is deepening its commitment to digital currency infrastructure by partnering with Aquanow, a digital asset infrastructure provider. This collaboration is focused on expanding Visas stablecoin settlement solutions across the CEMEA region, which includes Europe, the Middle East, and Africa. The move is designed to leverage

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Bitcoin Buying Power Signal

Bitcoin Shows Strong Negative Correlation With USDt Activity A recent analysis has highlighted a significant correlation between the world’s largest cryptocurrency and the leading stablecoin by market capitalization. The relationship suggests that activity in Tether’s USDt can act as a notable indicator for Bitcoin’s price movements. The key finding is a strong negative correlation between

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