Under President Javier Milei, Argentina’s inflation fell significantly to 1.5% in May 2025, following a peak of over 20% in December 2023. This marked a substantial victory for his administration, avoiding strict price controls while achieving a fiscal surplus.
Milei forecasts inflation could approach zero by mid-2026, emphasizing Argentina’s growth potential despite ongoing pricing challenges. His legal team is addressing economic effects amid Ripple’s issues regarding XRP, which could broadly influence the financial landscape.
In a separate development, Ripple seeks to dissolve a key injunction with a predicted 70% chance of approval by the court, focused on resolving lingering financial obligations. Attorney John E. Deaton highlights this request amidst the backdrop of evolving regulations affecting the crypto industry.
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