#MileiMemeCoinControversy MileiMemeCoinControversy Argentine President Javier Milei is facing backlash after promoting the cryptocurrency $LIBRA, which surged initially but then collapsed, causing losses for over 40,000 investors. Critics accuse him of involvement in a potential "rug pull" scheme, leading to impeachment calls and legal investigations. Milei denies responsibility, claiming he only shared information about the token.
Earlier in his presidency, Milei introduced a mandatory registry for crypto platforms in Argentina, aiming to align with international financial standards. While intended to attract investment, it faced criticism from the crypto community. Despite regulatory hurdles, Milei continues to advocate for free competition among currencies, supporting Bitcoin and other digital assets.#MileiMemeCoinControversy #GeopoliticalImpactOnBTC #Argentina