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Argentine Government Faces Escalating Crypto Scandal and Political Maneuvers

As Chief of Cabinet Francos faces congressional questioning over the $LIBRA crypto controversy, the government pushes for legislative changes and policy shifts to counter opposition efforts.

Mauricio Macri, junto a Santiago Caputo en la cena de Fundación Libertad (Foto: X @Manujove)
Hilda Kogan -titular de la Junta Electoral, Alexis Guerrera -presidente de Diputados- y Carlos Bianco -ministro de Gobierno- este martes en la Comisión de Reforma Política de la Legislatura bonaerense.
Manuel Adorni y Leandro Santoro publicaron los primeros spots de campaña con vistas a las elecciones en la Ciudad de Buenos Aires.
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Overview

  • Chief of Cabinet Guillermo Francos is undergoing interpellation in the Chamber of Deputies regarding President Javier Milei's connections to the $LIBRA crypto project, with the session delayed due to absent ministers.
  • Francos confirmed that President Milei held multiple meetings with crypto executives in late 2024 and early 2025 but denied any governmental ties or benefits from the $LIBRA project.
  • La Libertad Avanza plans a Senate session to propose the suspension of PASO primaries and potentially advance judicial nominee Ariel Lijo, drawing criticism from opposition lawmakers.
  • UCR senators are preparing a resolution to establish an investigatory commission into the $LIBRA scandal, intensifying scrutiny of the administration.
  • The government announced a 4% fuel price reduction, seen as an effort to shift public attention from the crypto controversy and regain narrative control ahead of elections.