Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
Democrat Senators Want El Salvador Sanctioned, BTC Tracked
US senators have demanded sanctions against El Salvador for a variety of corruption-related activities, including increasing El Salvador's strategic reserve on Bitcoin, monopolistic Bitcoin purchases, corruption, embezzlement of government funds, and more.
"The Bill" is mentioned in the Accountability Act of 2025 and asks for clarification on how El Salvador is using Bitcoin and the source of this Bitcoin purchase and who owns and has access to it, and has already requested that the US government clarify this.
However, the President of El Salvador has responded to the bill with many words and harsh criticism, describing it as a "salty bill" and "ridiculous" and stating that the bill was created to achieve a political objective and that accusations have been made against it.
https://x.com/BitcoinNewsCom/status/1944516416440578219?t=xaWzzfTWHXZSpKP_dul9UQ&s=09
Every country should enjoy its sovereignty; thus, the US doesn't have the right to control the financial activities of El Salvador. If there are proofs that the government of the country has engaged in financial crimes, it should be made public. It is the judiciary and the lawmakers of El Salvador who will investigate these allegations and come up with the final findings. Indicted public office holders found guilty will be disciplined accordingly. US senators have demanded sanctions against El Salvador for a variety of corruption-related activities, including increasing El Salvador's strategic reserve on Bitcoin, monopolistic Bitcoin purchases, corruption, embezzlement of government funds, and more.
"The Bill" is mentioned in the Accountability Act of 2025 and asks for clarification on how El Salvador is using Bitcoin and the source of this Bitcoin purchase and who owns and has access to it, and has already requested that the US government clarify this.
However, the President of El Salvador has responded to the bill with many words and harsh criticism, describing it as a "salty bill" and "ridiculous" and stating that the bill was created to achieve a political objective and that accusations have been made against it.
https://x.com/BitcoinNewsCom/status/1944516416440578219?t=xaWzzfTWHXZSpKP_dul9UQ&s=09
This might also be another political witch hunt to discredit the government and turn the people against political leaders. It might also be connected to the president's refusal to stop investing in Bitcoin.