Against All Odds, Argentina Keeps Beating the Dollar

Argentina celebrated the continued decrease in the dollar-peso exchange rate, even predicting that it might fall below the flotation bands established by the central bank. This would trigger a purchase intervention from the bank to weaken the peso. Argentina Keeps Winning the Battle Against the Dollar Argentina appears to have devised a formula to control … Read more

Libra Update: Interpol Red Notice Request Arises While Funds Remain in Motion

Local media reported that Hayden David, who was involved in the creation of Libra, the utility coin shared by President Javier Milei of Argentina, might be subject to an Interpol request in the future. Meanwhile, Libra’s funds have been moving and cashed out for dollars. Libra Co-Founder Might Face Interpol Red Notice Request From Argentina … Read more

Tax Reduction, Currency Competition, and Nuclear Energy: Milei Defines Second Year Roadmap

Argentine President Javier Milei delivered a speech detailing his administration’s plans for its second year in office. The leader stated that he would slash 90% of national taxes, implement a currency competition scheme, and even introduce nuclear energy to the country. Milei Year Two: Nuclear Energy, Tax Reduction, and Free Currency Circulation Argentine President Javier … Read more

Latam Insights: Milei Advocates for Crypto Independence, Hive Updates on Paraguayan Mining Site

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Argentine President Javier Milei calls for maintaining cryptocurrency independence, Hive provides an update on its Paraguayan mining site, and World lands in Brazil. Milei Advocates for Crypto Independence: ‘Don’t Let States Take Over’ … Read more

‘Deep Chainsaw’ Sinks Deeper as Milei Axes Tax Enforcer in Argentina

President Javier Milei has taken yet another step in reducing the size of the state. Through the President’s Office X account, Milei revealed that he would axe AFIP, the current tax enforcer in Argentina, replacing it with a simpler, smaller agency, eliminating over a third of the institution’s current structural organization. President Javier Milei Announces … Read more

Argentina Rejects UN Pact for the Future as Milei Breaks With International Agenda

The government of Argentina has refused to endorse the United Nations Pact for the Future, a framework that proposes solutions for “the biggest challenges of our time.” Foreign Minister Diana Mondino stated on Monday before the UN Assembly that these agendas weren’t binding and that Argentina wanted to have “wings to grow in freedom.” Argentina … Read more

Libertarian Javier Milei: ‘Only Entrepreneurs Can Create Wealth’

The libertarian President of Argentina, Javier Milei, has shared his perspective on how wealth should be created efficiently and who should be responsible for its creation. During a visit to Mercado Libre’s offices on Thursday, Milei stated that while a president can create conditions that make investing attractive and profitable, the only ones who can … Read more