On October 27, Cointelegraph reported that the pro-cryptocurrency party La Libertad Avanza led by Argentine President Javier Milei won the mid-term elections, winning 40.68% of the votes, defeating the Peronist party and laying the foundation for Milei's candidacy in the October 2027 presidential election. According to reports, although Milei was previously controversial over the LIBRA token scandal, which plunged 94% after its market value soared to US$4.6 billion after he mentioned it, Argentina's anti-corruption watchdog has clarified that Milei did not commit any wrongdoing.