Bitcoin advocate Max Keiser slams Javier Milei’s crypto policy
Bitcoin advocate Max Keiser slams Javier Milei’s crypto policy
Admin 03 Apr, 2024

Javier Milei, who secured the Argentine presidential seat last December, has introduced aggressive economic policies to rescue the country’s collapsing economy and battle the consistent devaluation of the Argentine peso, which is down 99% against the U.S. dollar since 2008.

While Milei’s affinity to Bitcoin has received commendation from the broader crypto community, his stance on Bitcoin and cryptocurrency appears to be unsettling certain Bitcoin proponents. In a recent post, Max Keiser condemned Milei for conflating Bitcoin and cryptocurrencies.

Notably, Bitcoin maximalists such as Keiser believe that Bitcoin is not a part of the crypto ecosystem, contributing to the hostility toward Milei’s unspoken opposing stance. This stance was evidenced in the country’s recent economic policy on cryptocurrencies.

As reported on April 2, the Comisión Nacional de Valores, Argentina’s securities regulator, recently introduced a regulation mandating the compulsory registration of all entities regarded as Virtual Assets Services Providers operating in the country.