‘Just Salty’: El Salvador President Bukele Mocks Senate Democrats Over Bitcoin Scrutiny
The post ‘Just Salty’: El Salvador President Bukele Mocks Senate Democrats Over Bitcoin Scrutiny appeared on BitcoinEthereumNews.com. In brief U.S. Democratic senators want to investigate El Salvador’s government. But Salvadoran president Nayib Bukele mocked the politicians’ bill in a social media post. U.S. authorities are concerned about alleged crypto corruption in the Central American country. El Salvador President Nayib Bukele was defending his country’s crypto-friendly policies and taunting foreign leaders again on X this week, with U.S. Democratic senators being his latest target. In a pithy X post on Tuesday, Bukele mocked a bill submitted by Senators Tim Kaine (Virginia), Chris Van Hollen (Maryland), and Alex Padilla (California) in June to probe his country’s use of cryptocurrency and consider sanctioning him. “HAHAHAHAHAHAHA the Dems are just salty,” Bukele wrote. The “El Salvador Accountability Act of 2025” proposes investigating the Salvadoran government’s cryptocurrency use as a tool for “regime corruption.” It would also require the country’s assets to be frozen. President Bukele has frequently mocked foreign authorities on social media in the past, including the International Monetary Fund and the Venezuelan government. The eccentric leader’s response comes as he cozies up to President Donald Trump, who has controversially used El Salvador’s mega-prison to hold some people deported from the United States. Still, despite President Bukele’s budding bromance with Trump, Democrats are pressing for an “assessment of whether Bitcoin or other cryptocurrencies have been used in El Salvador as a vector to evade financial sanctions imposed on other countries.” El Salvador in 2021 made Bitcoin legal tender along with the U.S. dollar. The new law meant that businesses had to accept the cryptocurrency if they had the technological means to do so. After a tiff with the International Monetary Fund, with whom El Salvador was negotiating a development grant, President Bukele agreed to scale back the law. Now, businesses no longer have to accept the digital asset as…
The post ‘Just Salty’: El Salvador President Bukele Mocks Senate Democrats Over Bitcoin Scrutiny appeared on BitcoinEthereumNews.com.
In brief U.S. Democratic senators want to investigate El Salvador’s government. But Salvadoran president Nayib Bukele mocked the politicians’ bill in a social media post. U.S. authorities are concerned about alleged crypto corruption in the Central American country. El Salvador President Nayib Bukele was defending his country’s crypto-friendly policies and taunting foreign leaders again on X this week, with U.S. Democratic senators being his latest target. In a pithy X post on Tuesday, Bukele mocked a bill submitted by Senators Tim Kaine (Virginia), Chris Van Hollen (Maryland), and Alex Padilla (California) in June to probe his country’s use of cryptocurrency and consider sanctioning him. “HAHAHAHAHAHAHA the Dems are just salty,” Bukele wrote. The “El Salvador Accountability Act of 2025” proposes investigating the Salvadoran government’s cryptocurrency use as a tool for “regime corruption.” It would also require the country’s assets to be frozen. President Bukele has frequently mocked foreign authorities on social media in the past, including the International Monetary Fund and the Venezuelan government. The eccentric leader’s response comes as he cozies up to President Donald Trump, who has controversially used El Salvador’s mega-prison to hold some people deported from the United States. Still, despite President Bukele’s budding bromance with Trump, Democrats are pressing for an “assessment of whether Bitcoin or other cryptocurrencies have been used in El Salvador as a vector to evade financial sanctions imposed on other countries.” El Salvador in 2021 made Bitcoin legal tender along with the U.S. dollar. The new law meant that businesses had to accept the cryptocurrency if they had the technological means to do so. After a tiff with the International Monetary Fund, with whom El Salvador was negotiating a development grant, President Bukele agreed to scale back the law. Now, businesses no longer have to accept the digital asset as…
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