El Salvador’s pro-Bitcoin President Nayib Bukele declared victory in the 2024 presidential election on Sunday, before the electoral body announced the results.
“According to our numbers, we won the presidential election with over 85% of the vote and at least 58 out of 60 members of parliament,” Bukele said. Said X also includes CID Gallup exit poll data. Indicated 87% of voters said they voted in favor of him.
If official voting results confirm Bukele’s victory, he will remain president until 2029.
Bukele, whose approval ratings have increased due to his fight against gang crime in the country, is expected to continue supporting Bitcoin.Vice President Felix Ulloa Said Reuters revealed last week that the government plans to keep Bitcoin as legal tender after the re-election.
Bukele spearheaded El Salvador’s decision to adopt Bitcoin as legal tender in September 2021. Since then, the country has also been buying Bitcoin, amassing a portfolio worth $131 million and profits of $3.6 million as of early December last year. According to Bukele.
December, El Salvador Introduced the “Freedom Visa”. It aims to offer residency or citizenship to up to 1,000 applicants per year for a $1 million investment in Bitcoin or USDT.
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