Argentina Positions Itself as a Bitcoin Haven

An Argentinian politician has claimed that Argentina is on the path to becoming a “Bitcoin haven,” with the country heading closer to electing a president who is keen on embracing Bitcoin. With the upcoming general elections, a candidate from the La Libertad Avanza party, Diana Mondino, is hopeful to secure a seat in Buenos Aires. The party, led by MP Javier Milei, has gained significant support, with Milei winning 30% of the vote in Argentina’s primary elections this month. Highlighting Bitcoin as a natural reaction against central banks, Milei’s embrace of the cryptocurrency has sparked discussions about Argentina’s crypto future.