{
  "id": 2362690,
  "title": "How Tether’s bitcoin mining plans in Uruguay unraveled",
  "url": "https://urgent.news/2026/08/21/how-tethers-bitcoin-mining-plans-in-uruguay-unraveled-2362690",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T10:55:15.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/commodities-news/how-tethers-bitcoin-mining-plans-in-uruguay-unraveled-4871245"
  },
  "original_language": "en",
  "account": "Uruguay appeared to be an ideal spot for cryptocurrency leader Tether to launch a bitcoin mining operation. The nation, known for its political stability and tax benefits, had become a hotspot for global fintech firms. In 2023, Tether announced its intention to establish two mining sites in Uruguay as part of a $120 million investment plan aimed at generating economic growth and jobs. However, the project came to a halt due to a dispute over the amount of energy required for bitcoin mining and the company's reluctance to disclose the investment value.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "How Tether's bitcoin mining plans in Uruguay unraveled",
        "url": "https://urgent.news/2026/08/21/how-tethers-bitcoin-mining-plans-in-uruguay-unraveled",
        "published": "2026-08-21T10:09:06.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}