El Salvador President has a one-word response to Democrats
El Salvador President Nayib Bukele made light of new U.S. Senate legislation that would impose sanctions over his country's policies towards Bitcoin, saying Democrats are "just salty" in an X post.
President Bukele was referring to the development following the introduction of the El Salvador Accountability Act of 2025, which directly targeted Bukele's regime and El Salvador's cryptocurrency actions.
The resolution, introduced in June by Democratic Senators Chris Van Hollen (D-Md.), Tim Kaine (D-Va.), and Alex Padilla (D-Calif.), would apply property and visa sanctions against Salvadoran representatives deemed to have committed acts of human rights abuses or acts that infringe upon the constitutional rights of U.S. inhabitants.
The bill also calls for opposition to any financial aid or loans to the Salvadoran government.
The bill takes a deeper dive into El Salvador's Bitcoin play, describing it as a possible tool for large-scale corruption, bribery, graft, and sanctions evasion. It requires an evaluation of the nation's use of crypto, including Bitcoin purchases, the use of exchanges, wallet addresses, and its potential use of crypto to evade international sanctions.
In response, Bukele posted a screenshot of the bill with the caption: 'HAHAHAHAHAHAHA the Dems are just salty…"
El Salvador has centered much of its financial policy on Bitcoin since 2021, when it adopted the currency as legal tender.
The government still buys one Bitcoin every day and owns more than 6,200 BTC, which is worth about $678 million at the time of writing. President Bukele says that El Salvador will keep buying one Bitcoin every day until it "becomes too expensive" with fiat currencies.
El Salvador President has a one-word response to Democrats first appeared on TheStreet on Jul 9, 2025
This story was originally reported by TheStreet on Jul 9, 2025, where it first appeared.
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