Argentina’s Lower House of Congress has approved a number of measures aimed at examining the weight cryptocurrency that shook the country after being promoted by President Javier Milei earlier this year.
In a special session called by “Democracy Forever” block, deputies adopted three decisions: the formation of an investigative commission, the call of the top government officials and a formal request for information from the executive branch.
Among the summoned are the head of the Cabinet Guillermo Francos, Minister of Finance Luis Caputo, Justice Minister Mariano Cúneo Libarona and the head of the National Securities Commission, Roberto Silva, according to the official release of the Deputy Chamber of Argentina. The solutions adopted by a pleasant majority, but faced a strong resistance and revealed a split across party lines.
“The time has been for Congress to revise if there is any damage to Argentina: We have a commitment to the truth,” said Deputy Pablo Juliano, one of the initiative’s backers. Others, who depicted Nicolás Mayoraz for the ruling La Libertad Avanza (LLA), pushed back, accused legislators of taking on “powers that belong exclusively to the judiciary” and politicized the question.
From Civic Coalition, Vicemakimiliano Ferraro said that society “has the right to know the truth” and that the duty of Congress was to “demand and investigate it.” The reigning party plocer Gabriel Bornoroni, at the end of the debate, suggested that opposition legislators “put a show.”
“I think it bothers them that we had a fiscal profit in 2024 and that we also have one this year – and that inflation continues to fall every month,” Bornoroni said. Weight Memecoin -Fiasko, research, destroyed over $ 250 million in investor wealth.
Token’s award rose shortly after he was launched in early February, after Milei promoted the project at X and said it would “focus on encouraging the growth of the Argentine economy, finance small businesses and Argentine ventures.”
Milei’s promotion so different crypto addresses move in, enabling insiders to relieve huge amounts of symbols on these investors to the point that token’s market value then endured a decrease of 90%.
Disclaimer: Information collected for this article was translated with the use of artificial intelligence.
