Argentine authorities have frozen funds linked to the Libra Meme Coin and launched an investigation into its operations. The probe, conducted by the country's financial regulatory body, seeks to ensure compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations. This action is part of Argentina's broader strategy to regulate the burgeoning cryptocurrency market, which has seen increased adoption due to economic challenges like high inflation and currency devaluation. The investigation has sparked debate within the crypto community, balancing concerns over innovation with the need for transparency and consumer protection.