Tether moves its headquarters to El Salvador, receiving a license for digital asset services. The CEO and co-founders of Tether will move to the country, where a physical presence is planned. In the coming years, the company plans to hire 100 employees from El Salvador. The president of the country, Nayib Bukele, welcomed the decision and encouraged other companies, including the video platform Rumble, to consider moving their headquarters to El Salvador, which aims to become a hub for cryptocurrency businesses.
1/14/2025 11:22:48 AM (GMT+1)
Tether moves its headquarters to El Salvador 🇸🇻: the company receives a license for digital assets, the founders move to the country, and there are plans to hire 100 local employees 👥
315
Total views in all languages
Share: 100
x3
This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
Top Articles of the Last 10 Days
OKX receives the MiFID II license to launch derivative products in Europe, expanding offerings for institutional clients and highlighting commitment to strict regulatory standards
The hacker group Dark Storm has claimed responsibility for the large-scale cyberattack that caused disruptions on the social network X (formerly Twitter)
Senator Tim Scott proposes a bill to exclude "reputational risk" in banking regulations, with the goal of stopping the de-banking of cryptocurrency companies and legal businesses
Ripple receives the first regional license from the Dubai Financial Services Authority to provide regulated crypto payments and services in the Dubai International Financial Centre
Bolivia will start using cryptocurrency to pay for fuel imports against the backdrop of a dollar shortage and economic crisis in the country's energy sector
Franklin Templeton launches an ETF tracking the price of the cryptocurrency XRP, reflecting the growing interest in digital assets and expanding opportunities for investors
Kraken receives an EMI license from the UK FCA, accelerating development in the crypto market and opening new opportunities for secure transactions and products for clients
