Argentine Cabinet Chief Guillermo Francos denied before Congress Tuesday any involvement on the part of President Javier Milei in the $Libra cryptofiasco, saying the head of State had no link to the project and there was no state coordination or economic benefit.
Add your comment!Argentina's Lower House agreed Tuesday to create an investigative commission to examine the $LIBRA crypto fiasco with 128 votes in favor, 93 against, and 7 abstentions. The body will delve into President Javier Milei's promotion of the cryptocurrency on social media, which allegedly led to a scam affecting investors globally after its price surged and then crashed.
Argentine President Javier Milei is under heavy flak after praising the $LIBRA cryptocurrency token, which would boost the country's development from the private sector, only to vanish into thin air after many investors trusted in the advice of the head of State, who is also a graduate economist.
Argentine President Javier Milei has admitted to promoting the $Libra cryptocurrency, which skyrocketed in value before crashing within hours, leaving investors with heavy losses. Milei later deleted his post and claimed he was unaware of the project’s questionable nature.
New cryptocurrencies hoping to benefit from the increased hype around Bitcoin launch every day. Most of these coins collapse completely within hours of existence.
Twitter adopting Dogecoin's Japanese Shiba Inu dog symbol as the brand's logo resulted in an increase in value of over 26%, it was reported.
Spanish traders have announced “Maricoin,” the new cryptocurrency created by and for the LGTBI + community, will be launched on Christmas Eve in Madrid. The new money will be accepted as of Dec. 31 throughout 25 gay-friendly businesses throughout Spain after the pilot test this coming Friday, Dec. 24.
Bitcoin, the world's most famous cryptocurrency, Wednesday set a new record as it breezed past the US $ 65,000 threshold at 9:43 a.m. Eastern time to ultimately reach the US $ 66,900 about an hour later, it was reported.
Cryptocurrency developers have announced Friday the “Maradólar” is to be launched Oct. 30, when the late footballer Diego Armando Maradona was to have turned 61.
A regulatory decision Friday by The People’s Bank of China (PBOC) has led to a sharp fall in the price of cryptocurrencies such as Bitcoin and Ethereum, which have dropped over 6% and 10% respectively after bouncing back in previous weeks.