President Javier Milei, known for his anarcho-capitalist and libertarian views, surprised many by mandating the creation of a Registry of Virtual Asset Service Providers in Argentina.

This move, announced by the ComisiĆ³n Nacional de Valores (CNV) in late March, contradicts Milei's previously understood pro-Bitcoin (CRYPTO:BTC) stance.

Critics argue that this regulation signals a significant policy shift and could hinder the growth of the digital asset market in Argentina.

Stakeholders are concerned about increased oversight and the potential impact on the country's digital economy.

Discussions are ongoing about the balance between regulatory oversight and fostering innovation in the financial sector, with many awaiting further clarification from the government.