Tether Group to Establish Headquarters in El Salvador in Emerging Markets Push

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Tether, the crypto behemoth behind the $137 billion stablecoin USDT , is establishing headquarters for the group in bitcoin-friendly nation state El Salvador, the company said on Monday. The firm said the development came after acquiring all the necessary licensing as a stablecoin issuer in the country. The move will see Tether relocate incorporated subsidiaries to El Salvador and create its first brick-and-mortar headquarters, a company spokesperson said. Previously most of the group's entities...