Javier Milei’s crypto-friendly party wins Argentine midterm

Javier Milei’s crypto-friendly party, La Libertad Avanza, secured a victory in the Argentine midterm election, obtaining 40.68% of the vote and solidifying Milei's position as a leading contender for the October 2027 presidential race. This result, which included a win in the historically Peronist Buenos Aires province, bolsters Milei's push for free-market policies, reduced state intervention, and efforts to curb inflation. Despite this political success, Milei's public image has been impacted by his involvement in the Libra (LIBRA) token scandal, where his social media mention preceded a massive crash, though corruption watchdogs cleared him of wrongdoing. Polls suggest a significant portion of Argentines view him negatively, though one polling platform is noted for its criticism of libertarian policies.

(Source：Cointelegraph)