The controversy has turned what was once a promising regulatory path into political quicksand, leaving Argentina’s crypto landscape in turmoil. The promise of crypto regulation in Argentina, once fueled by the rise of pro-crypto president Javier Milei in late 2023,

Javier Milei's endorsement of the Libra token led to 86% of traders losing money, with total losses reaching $251 million.

Argentina’s president Javier Milei touched down in Washington, D.C., on Thursday, arriving in the middle of the biggest political firestorm of his presidency.