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Deep & Emerging Tech·April 12, 2026·1 min read

‘Disbelief and disappointment’: how Javier Milei’s bribery scandal may have derailed Argentina’s crypto investment

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Crypto’s promise as a hedge in unstable economies runs straight into political risk — a $5M bribery scandal and collapsing approval ratings are enough to freeze capital that was lining up to enter. If your web3 thesis depends on “country X instability → adoption,” your real counterparty is local governance, not just user demand.