Tags: Argentina

Argentina’s Chamber of Deputies approved an investigation into LIBRA, focusing on President Milei’s social media promotion of the meme coin and its collapse.

The LIBRA token crash has sparked outrage, with Pump.fun’s co-founder demanding accountability and safer practices in the meme coin space.

The project will tokenize lithium property rights, enabling investors to trade fractional shares of the mineral without physical ownership.

The Argentine president argues that state control of cryptocurrencies would undermine their purpose, recommending instead private ownership.

Latin America has reported a 42.5% year-over-year growth in cryptocurrency adoption, marking it as one of the fastest-growing regions.

With Peso inflation rates at 276% in the past year, 2.5 million of the 130 million users on top crypto exchanges are Argentinians.

The trading volume of the Argentine Football Association Fan Token (ARG) has surged by over 500% in the past 24 hours.

The officials discussed the growing use of cryptocurrencies in global economies and exchanged concepts on El Salvador’s Bitcoin adoption journey.

Critics believe Argentina’s government is turning against Bitcoin despite its president’s promises to uphold libertarian values.

Argentina’s 276% inflation drives Bitcoin buying frenzy: 34,700 BTC purchased in March’s first week, the highest in 20 months.

Bitcoin has tapped a new high against the Argentine peso.

Argentine President Javier Milei Signals Support for Provinces Launching Their Currencies

Argentina’s minister of foreign affairs has officially endorsed the use of Bitcoin in legally binding contracts within the country. 

Javier Milei, also known as “El Loco,” has proposed dissolving Argentina’s central bank and envisions a society in which contracts will replace governments.

Bitcoin proves its value as an inflation hedge and store of value by hitting repeat all-time highs in multiple currencies.