🇦🇷 Argentine President Accused of Crypto Fraud 💰⚖️
In a shocking twist, Argentine lawyers have filed fraud charges against President Javier Milei over his promotion of the cryptocurrency $LIBRA. 🚀📉 His endorsement initially sent the token soaring, but after he deleted his posts, the value crashed, leaving investors with massive losses. 💸😱 Legal experts claim this was a classic "rug pull" scam, while the President's office denies wrongdoing, stating the posts were removed to prevent speculation. 🤔🔍
💡 Crypto Industry Strengthens Political Influence 🏛️💰
The crypto sector is stepping up its game, pushing for political power and mainstream recognition. 📢📈 In the U.S., efforts are underway to pass major crypto regulations, with early wins like the SEC rolling back key accounting rules and discussions on a government-backed digital currency. 🏦💳 However, internal disagreements and looming regulations continue to create hurdles. ⏳⚠️
🏦 Charles Schwab Expands into Digital Assets 🚀💼
Financial giant Charles Schwab is making a bold move into crypto by appointing Joe Vietri as the new head of digital assets. 🔥📊 With 30 years at the company, Vietri will lead Schwab’s expansion into digital currencies, potentially introducing spot crypto trading—pending regulatory approval. ✅📉 This move signals Schwab’s commitment to providing trusted crypto services to its clients. 💎📈