U.S. Senator proposes sanctions against El Salvador President Bukele, accusing him of Bitcoin abuse and human rights violations.

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According to a report by CryptoSlate on July 10, the Deep Tide TechFlow news states that U.S. Democratic senators have proposed the "El Salvador Accountability Act" (S.2058), calling for sanctions against El Salvador's President Nayib Bukele and his government members. The bill was introduced by Senators Chris Van Hollen, Tim Kaine, and Alex Padilla, accusing the El Salvador government of violating international human rights standards and abusing Bitcoin.

The bill requires the Trump administration to freeze the assets of relevant individuals in the U.S., deny visa issuance, and suspend financial assistance. In addition, the U.S. Secretary of State must submit a detailed report on the use of cryptocurrency in El Salvador within 90 days after the bill is passed, including information on the amount of public funds spent to purchase Bitcoin, the exchanges used, and the relevant wallet addresses.

In response, President Bukele hinted on social media that the motivations behind the sanctions attempts by U.S. lawmakers are impure. It is worth noting that Bukele had a good relationship with President Trump, having been invited to the White House in April of this year, and two months later, a Trump advisor met with him to discuss cryptocurrency cooperation.

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GateUser-c901a3d7vip
· 07-10 05:26
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GateUser-c901a3d7vip
· 07-10 05:26
Ape In 🚀
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