Latam Insights: Argentina achieves historic milestone, Brazil battles crypto tax

Under President Javier Milei, Argentina’s inflation decreased to 1.5%, the lowest in five years, as reported by the National Institute of Statistics and Census (INDEC). This milestone reflects effective libertarian policies without price controls.

Brazil’s Congress is examining a proposal to repeal President Lula’s recent cryptocurrency tax regulations, which require a considerable income tax of 17.5% for all crypto holders.

Argentina’s government blocked the HTX cryptocurrency exchange due to ongoing investigations into a pig-butchering fraud scheme, citing its lack of registration and compliance.

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