Mayors Reject Land Law and Warn About Foreign Ownership
The Argentine Federation of Municipalities (FAM), which brings together more than 500 mayors, rejected the bill on the Inviolability of Private Property and urged national senators to protect Argentine territory and sovereignty. In a statement titled "The Homeland is not for sale. The land is not either," FAM, led by Fernando Espinoza, questioned the initiative of President Javier Milei's government, warning that it could increase foreign ownership of national territory. The organization requested senators to reject the bill that modifies the land protection regime, raising the limit of rural land in foreign hands from 15% to 25%. FAM argued that the project dismantles strategic tools for the defense of national sovereignty and criticized the easing of restrictions in border areas and regions with strategic resources. Furthermore, it warned about the risk of large areas of the country falling under the control of foreign interests, especially in regions with lithium, copper, and oil reserves. It compared the Argentine regime with restrictions in other countries in the region and Europe, highlighting that while the world protects its strategic resources, this project seeks to eliminate protective measures. The organization recalled that the judiciary suspended the Executive's attempt to repeal the Land Law through DNU 70/2023 and stated that preserving territorial heritage is a permanent obligation of the Argentine State.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Musk Claims China's Storage Chip Expansion Capacity Exceeds Global Total

Zimbabwe Bans Exports of Antimony and Tungsten

Four Argentine provinces increase their export contribution in the first half of 2026

Wall Street's $359 billion-a-day repo market has found a use for blockchain

Delay of the Glamsterdam Update on Ethereum Postpones Activation on Hoodi

JPMorgan Now Offers Two Tokenized Money Market Funds on Solana

Overview of Cryptocurrency Asset Regulation Series (11): South Africa, From FSCA License to Cross-Border Reporting

Cryptocurrencies: This Venture Capital Giant Drops the Word from Its Name and Turns to AI

Follow the Money: $630 Million for Strive, Tether Activity and Attention to CeFi

Arthur Hayes exits Maelstrom trades as $22.28m in token sales emerge

Ghanem Saudi Arabia Raises an Additional $1.5 Million, Bringing Total Funding to $8.6 Million

Ethereum staking yield is losing to cash rates, so why are investors still lining up?

Bitcoin: Why JPMorgan Reports an Average Return of 20.9% but Only 10% Per Year

Turning Speculation into Business: Standard Reserve's Stock Liquidity Experiment

Stablecoins: FSB Admits to G20 It Monitors $300 Billion with Private Data

Solana Reduces Transaction Finalization Time to About 1/85 with 'Alpenglow' Now Live on Mainnet

Ethereum Proposes Reducing Transaction Finality from 16 Minutes to 4 Minutes, Potentially Lowering Inter-Chain Transfer Costs

AI Security 'Black October'... "The Era of Hacking for Everyone Has Arrived"

Grok, ChatGPT, Claude: These AIs Trading Your Crypto While Banks Panic

Weekly Highlights | Gold Drops Below $4000 During Golden Week, a16z Crypto Renamed to a16z Frontier

Circle Shareholders and Sun Yuchen File Lawsuits Amid Ongoing Controversy Over Trump's Family Crypto Business WLFI

Analysis of the NEAR and ICP Dfinity Public Chain Dispute

New OCC stablecoin rule resets redemptions, and banks face big shifts

Grayscale Launches Physical Contribution Applications for 10 Cryptocurrency Investment Products

Morgan Stanley Affiliates Hold Large Stake in Metaplanet Shares for Securities Business Purposes

Bitcoin Every 15 Minutes: The Express Bet That Is Shaking Prediction Markets

SpaceX perpetual futures traded about $6 billion after earnings

What Is an Agentic Activities Launchpad? Inside AX1 Console 2.0

Tether’s own AI study shows when buying a laptop costs more than cloud tokens










