Will pro-Bitcoin Javier Miliei’s Argentina election win be a catalyst for BTC adoption in Latin America?
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City AM
City AM
By Nigel Green Javier Milei’s election as Argentina’s new president on Sunday has sparked intense debate about the potential adoption of Bitcoin as legal tender in the Latin American country. Having spoken frequently and positively about the crypto asset in the past, and having called for the abolishment of the Central Bank of Argentina, the price of Bitcoin rose to around $37,500 as Milei’s opponent, Sergio Massa, conceded election defeat. Milei has not set any specific policies regarding Bitcoin, but the dollarization of Argentina was a core tenet of his presidential campaign. Should his cou…