Argentina’s President Advocates for Clear Division of Crypto and State
President Javier Milei recently advocated for maintaining a separation between cryptocurrency and state control.
Speaking at “Meta Day Argentina,” an event held at the Palacio Libertad Domingo Faustino Sarmiento, Milei criticized central bank digital currencies (CBDCs) and advocated for the private management of cryptocurrencies, warning against government overreach.
Opposition to CBDCs and State Control
In his speech, the president declared, “Do not let the state take over and carry out the cryptocurrencies.” Milei believes that private cryptocurrencies offer a trusted alternative to state-issued currencies and have emerged in response to public dissatisfaction with seigniorage payments—profits derived by…
