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Tether denies reports it ditched $500M crypto project in Uruguay

Tether said reports that it has exited Uruguay “do not accurately reflect the situation” and the local mining operator is working with the government to “resolve friction.”

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Tether denies reports it ditched $500M crypto project in Uruguay

Tether said reports that it has exited Uruguay “do not accurately reflect the situation” and the local mining operator is working with the government to “resolve friction.”

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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