El Salvador president's Bitcoin strategy 'unwavering' amidst elections
El Salvador is likely to keep its Bitcoin ambitions if President Nayib Bukele is reelected on Feb. 4.
As El Salvador prepares for the general elections, vice president Felix Ulloa has expressed confidence that the country will keep its commitment to Bitcoin (BTC) if his party is reelected.
Ulloa — who’s temporarily on leave to run for re-election with President Nayib Bukele — has doubled down on El Salvador’s adoption of Bitcoin as legal tender following the upcoming elections, Reuters reported on Feb. 1.
According to Ulloa, the International Monetary Fund (IMF) has once again approached El Salvador to “reconsider” its Bitcoin policies during negotiations for a $1.3 billion loan.
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