Global #Nayib Bukele

A recent survey conducted by Francisco Gavidia University (UFG) has shed light on the current state of Bitcoin adoption in El Salvador, revealing a significant decline in usage among citizens.

Nayib Bukele, the maverick president of El Salvador, has long faced criticism from institutions and politicians alike for his unconventional approach to governance and finance.

Argentina's Vice President, Victoria Villarruel, recently met with El Salvador's President, Nayib Bukele, during his visit to Buenos Aires, where the focus was largely on Bitcoin (BTC) and its implications for both nations.

In June 2021, President Nayib Bukele’s announcement that El Salvador would adopt Bitcoin as legal tender sent shockwaves through the global financial world. The official implementation of the law on September 7, 2021, marked an unprecedented experiment in digital currency.

Nayib Bukele, the President of El Salvador, began his second term with a pledge to tackle the nation's economic challenges with the same determination he displayed in combating gang violence during his first term. Despite controversy surrounding his re-election, Bukele, who won with over 80% of the vote, aims to heal the country's economic "ailments".