Milei’s Crypto Vision Meets Operational Reality

[tradelikepro]

The pullback complicates Argentina’s broader digital-finance narrative under President Javier Milei, who met with Coinbase executives in 2025 to promote the country as a crypto-friendly hub. The exit of a major US exchange from local banking rails sends a mixed signal to the global market.

While Argentina remains one of the world’s strongest stablecoin adoption zones, the episode highlights how difficult it is for global platforms to operate amid currency controls, fragmented liquidity, and entrenched competitors. For now, Coinbase’s retreat leaves a gap — and reinforces how dependent everyday crypto use still is on reliable fiat connections.

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milei pushing crypto hub while coinbase pulls peso access is such a mixed message