Bitfinex Derivatives to move to El Salvador after securing local crypto license
Bitfinex Derivates says its decision to relocate to El Salvador will help turn the country into a “financial services center” for Latin America.
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Bitfinex Derivates says its decision to relocate to El Salvador will help turn the country into a “financial services center” for Latin America.
Tether USDt’s trading has wiped $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport.
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.
The stablecoin is also more widely distributed across blockchain networks.
“Cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets,” Tether CEO Paolo Ardoino said in April.
The Swiss Bitcoiners must rack up 100,000 signatures from Switzerland’s 8.92 million residents by June 30, 2026, to trigger a public referendum.
Stablecoin issuer Tether has moved over 8,400 Bitcoin to its reserve in its biggest move since March.
Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.
While MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline.
“We are passionate about backing technologies that will prevent censorship and things being shut down,” James McDowall told Cointelegraph.
