• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Nayib Bukele's Legacy: How Constitutional Reform in El Salvador Affects Bitcoin

user avatar

by Giorgi Kostiuk

11 hours ago


Recent constitutional changes in El Salvador, approved by the ruling New Ideas party, have led to longer presidential terms and the removal of reelection limits.

Changes to the Constitution and their Essence

The ruling New Ideas party pushed reforms through with little resistance, granting longer presidential terms and removing limits on reelection.

Response from Opposition and Critics

The decision drew sharp criticism from opposition lawmakers and rights groups, who warned the country was sliding toward authoritarianism.

The Future of Bitcoin in El Salvador

Bukele has become one of the world’s most outspoken advocates for cryptocurrency, and his government continues to increase its Bitcoin holdings, raising prospects for national economic adoption.

Nayib Bukele's legacy is becoming increasingly linked to the fate of Bitcoin in El Salvador, posing significant political and economic challenges for the country.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Ethereum Experiences Decline in Institutional Interest

chest

Ethereum is trading below $3,800 with potential slide to $3,314 amid reduced activity from large holders.

user avatarGiorgi Kostiuk

Arthur Hayes Sells Assets Worth Over $13.35 Million

chest

Arthur Hayes, co-founder of BitMEX, sold assets worth over $13.35 million in ETH, ENA, and PEPE, sparking market interest.

user avatarGiorgi Kostiuk

US Integrates Bitcoin into Economic Strategy by Establishing Strategic Reserve

chest

US establishes a Strategic Bitcoin Reserve, impacting cryptocurrency markets and financial strategies.

user avatarGiorgi Kostiuk

US Forms Strategic Bitcoin Reserve under Trump's Leadership

chest

The US is creating a Strategic Bitcoin Reserve, planning long-term investments in digital assets.

user avatarGiorgi Kostiuk

Spartans Platform: Reliability and Efficiency for Bettors

chest

Spartans stands out in the betting market with reliability and user design, attracting serious players.

user avatarGiorgi Kostiuk

Xenea Wallet Overview: How to Earn $GEMS and Participate in Daily Quizzes

chest

Learn more about Xenea Wallet, its features, and opportunities to earn $GEMS through daily quizzes.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.