
Javier Milei met the creators of the cryptocurrency $Libra several months ago at the Hotel Libertador during a talk where they presented their project as a tool for entrepreneurs to access credit outside the traditional banking system. According to a close source, Milei supported the initiative in line with his backing of financial innovations.
President Javier Milei selflessly expressed his support for the $Libra project presented to him. According to sources from Casa Rosada, at an event called "Institutional Partners" on October 19, 2024, Milei came into contact with the cryptocurrency developers. Besides Milei, Damian Reidel, head of the President of Argentina's Advisory Council, Roberto Silva, president of the National Securities Commission (CNV), and Roberto García Moritín, former Minister of Economic Development of the City, participated in the meeting.
After the event, the head of state promoted the digital asset of $Libra on his social networks, which sparked criticism from the opposition who denounced a possible scam with Milei's endorsement. It was announced that a request for an Impeachment Trial against him would be presented due to this support.