El Salvador's President, Nayib Bukele, has invited Rumble, a video-sharing platform, to relocate its headquarters to El Salvador, following Tether's decision to set up its corporate base there. Bukele's suggestion has sparked speculation that El Salvador could become a hub for crypto companies and tech innovators. Some commentators have suggested that other crypto industry players should consider moving their headquarters to the country. Tether's relocation to El Salvador follows its acquisition of a license to operate as a digital asset service provider in the country. While Tether's global workforce will not all relocate, the company plans to hire about 100 Salvadoran employees over the next few years. Rumble recently announced a partnership with the Salvadoran government, providing cloud services for critical government operations. This collaboration aligns with El Salvador's push for technological innovation.
- Content Editor ( thecryptobasic.com )
- 2025-01-14
As Tether Relocates to El Salvador, President Bukele Invites YouTube Rival Rumble to Move HQ