El Salvador's pro-Bitcoin president Nayib Bukele announces reelection bid

El Salvador's pro-Bitcoin president Nayib Bukele announces reelection bid

Bukele says that despite past laws which prohibited the reelection of presidents, El Salvador can follow in the footsteps of developing nations. In an Independence Day live streaming event on Sept. 15, El Salvador President Nayib Bukele announced his bid for reelection after his current term ends in 2024.Bukele’s announcement comes even though past presidents in El Salvador were prohibited by law from having consecutive terms in office. The president highlighted that:"Developed countries have reelection, and thanks to the new configuration of the democratic institution of our country, now....


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