Argentina

Official statement from Argentina: President Javier Milei will immediately transfer LIBRA-related matters to the Anti-Corruption Office and promises a thorough investigation until the truth is revealed

ChainCatcher news, according to the Argentine presidential office: "On October 19, 2024, President Javier Milei met with representatives of KIP Protocol in Argentina. During this meeting, the company representatives presented the president with their intention to develop a project called 'Viva la Libertad' ('Long Live Freedom'), which aims to utilize blockchain technology to provide financing for private enterprises in Argentina.This meeting has been officially recorded in the public hearing registry, with participants including the national president, KIP Protocol representatives Mauricio Novelli and Julian Peh, as well as presidential spokesperson Manuel Adorni.In this context, on January 30, 2025, the president met with Hayden Mark Davis at the Casa Rosada (Rose Palace). According to the introduction by KIP Protocol representatives, Mr. Davis will provide the technical infrastructure for the project. Mr. Davis has had no prior association with the Argentine government, nor has he established any relationship with it; he was referred as a project partner by representatives of KIP Protocol.Finally, yesterday, the president posted a message on his personal social media account announcing the launch of the KIP Protocol project, similar to his usual support for many entrepreneurs looking to start projects in Argentina to create jobs and attract investment. Due to the widespread attention the project launch received, and to avoid any speculation and reduce further dissemination, the president decided to delete this post.In light of the above, President Javier Milei has decided to immediately refer this matter to the Anti-Corruption Office (OA) to determine whether there has been any misconduct by any members of the national government, including the president himself, in this incident.Additionally, the national president has decided to establish an investigative task force (UTI) under the presidential office, which will consist of representatives from institutions and departments related to cryptocurrency, financial activities, money laundering, and other relevant fields, to consolidate information for an urgent investigation into the release of the cryptocurrency LIBRA and all related businesses or individuals.All information collected during the investigation will be handed over to the judicial authorities to determine whether any businesses or individuals associated with the KIP Protocol project are suspected of criminal activity.President Milei has demonstrated his commitment to the pursuit of truth through concrete actions and has pledged to thoroughly investigate this incident until the truth is revealed."

KIP Protocol co-founder Julian Peh will meet with the President of Argentina in October to explore the entire South American cryptocurrency market

ChainCatcher news, KIP Protocol has become a sponsor of the 2024 Argentina Technology Forum. Co-founder and CEO Julian Peh will meet with Argentine President Milei and serve as a keynote speaker; co-founder and Chief AI Strategist Dr. Jennifer will also participate in a high-profile panel discussion with other industry leaders on the topic "AI and applications of AI-for education, institutions, and governments."Taking this opportunity, KIP is expanding its influence into the vast Argentine and South American markets. The Argentine government's friendly policies towards cryptocurrency provide an ideal environment for KIP to accelerate its layout: KIP plans to leverage its strong funding and leading technology to promote the practical application of decentralized AI, providing efficient and secure AI + Web3 solutions for millions of users in Argentina. KIP's market strategy perfectly aligns with the rapid development of Argentina's digital economy, and its future development prospects are highly anticipated.The Argentina Technology Forum is the most important and cutting-edge technology forum in Argentina, attracting participation from top global companies and cryptocurrency platforms, with sponsors including industry giants such as Binance, OKX, Bybit, and Render Network. Argentina, as one of the world's most important cryptocurrency markets, has over 10 million cryptocurrency asset accounts, with a market size comparable to traditional capital markets, showing tremendous potential. Since taking office at the end of 2023, current Argentine President Javier Milei has maintained a positive attitude towards cryptocurrency. KIP's appearance at this forum showcases its forward-looking layout in the global cryptocurrency and decentralized AI fields.
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