“I will not return to the Investigating Commission on Libra y Milei”: CEO de Belo

  • Beaudroit thinks that, instead of looking for answers, the commission wanted to confirm a narrative.

  • Belo’s CEO had prepared a speech, but could not expose for lack of time.

The CEO of the Belo cryptocurrency Exchange, Manuel Beaudroit, said he will not participate again in the Investigative Commission of Deputies of Argentina on the case of Libra and President Javier Milei, after having been invited but is left without the opportunity to speak during the extensive session of Wednesday.

“For now, I do not plan to participate again, especially since I was there three-four hours doing time and I have other priorities,” said Beaudroit in statements to cryptootics. The specialist expressed his discomfort for the dynamics of the meeting and said The commission does not seek answers, but confirm an apparent narrative previously defined.

He clarified that there were several companies in the cryptocurrency sector, including Belo, Lemon and Bitso, in addition to the speakers who could expose. “The reason we didn’t talk basically was because they ran out of time,” he said.

“They gave priority to speak the guests of the Union Block for the Homeland, the journalists Bercovich and Hauser, over the specialists or people who work in the ecosystem,” said the CEO of Belo, who in his case was summoned by the Pro Party.

The founder of the cryptocurrency exchange indicated that it was the first time he participated in an event of these characteristics and The feeling he left was “a pretty strange taste”. According to their gaze, “they do not seem to be looking for answers,” but “as the answers already had them” and intended to “simply assert the concept they had a bit.”

As revealed exclusively, the speech he had prepared to give before the Commission did not focus on the Libra case, but on raise awareness of legislators about the relevance of the cryptocurrency industry in Argentina And the challenges it faces.

Beaudroit’s speech, which due to lack of time could not pronounce in the deputies session and could be read by cryptootics, focused on highlighting the opportunities that cryptoactives represent as an engine of economic, technological and social development for Argentina.

The message emphasizes that Argentina has a unique opportunity to lead the responsible adoption of this technology in Latin Americawhile criticizing the current tax burden that, according to Beaudroit, puts the sustainability of the sector at risk.

“Argentina is today an engine of value and innovation creation,” says the CEO in his written speech that he hoped to read before the deputies. “We are the land that saw companies that today are synonymous with standard in the Crypto Global industry, companies that folded the rules of the possible, with the aim of solving the systemic problems that we have as a country and species.”

COMMISSION-LIBRA-INVESTO-DIPUTES
Despite having been invited, Manuel Beaudroit could not expose before the Investigative Commission of the Libra case. Source: @deputies.argentina (YouTube).

«Argentina faces historical challenges, but also historical opportunities. Cryptactive are not just a passenger fashion; They are a tool to empower our citizens, strengthen our economy and project our country towards the future. With intelligent regulation and strategic vision, we can transform Argentina into an innovation lighthouse in Latin America »

Manuel Beaudroit, CEO de Belo.

Beaudroit also denounces, in his armed presentation, the stigmatization suffered by the cryptocurrency sector, noting that Those who work in this industry are usually linked to illegal activities, when they actually promote values such as freedom, privacy and sovereignty.

“For those of us who work in this industry, these aspects are crucial and indispensable for a proper functioning of society, and Bitcoin as technology and industry empowers anyone to enjoy those benefits,” he says.

In his presentation he does not read, he also warns that The local industry is going through a crisis despite telling, in its opinion, with one of the most progressive regulations in the world both at the level of virtual asset service providers (PSAV) and tokenization.

“We are exposed to a tax model that discriminates to these actors and that puts into play the economic sustainability of the companies that today directly and indirectly use thousands of Argentines,” culminates by avocating for a regulatory change in this aspect that does not discourage the industry.

The session of the Investigative Commission of the LIBRA case, which represented its second meeting, was extended for more than nine hours and included exhibitions of journalists, specialists and deputies.

However, in addition to not all guest specialists were able to expose, It was not possible to appoint authorities, nor did key figures like President Javier Milei attendedhis sister Karina Milei, nor the alleged involved Mauricio Novelli and Manuel Terrones Godoy.

The day was marked by critical voices of the government, which took the opportunity to strengthen suspicions about the alleged use of the token spread by Milei as the axis of a planned fraud. From the opposition testimonies and analysis were presented that attempt to link the promotion of the project with fraudulent maneuvers.

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