2024

Bitcoin

<a href="https://bitcoinworld.co.in/el-salvadors-nayib-bukele-set-re-elected-for-second-term-as-president/" title="El Salvador’s Nayib Bukele Set To Be Re-elected For Second Term As President" rel="noopener noreferrer nofollow"></a>
Nayib Bukele, the pro-Bitcoin president of El Salvador, is on track to secure a second term in office, according to exit poll data released on February 5.
The data indicates that Bukele’s party, Nueva (New) Ideas, has won a commanding 87% of the votes, while his closest competitors, Manuel Flores and Joel Sanchez, have garnered only 7% and 4% of the votes, respectively.
Bukele himself shared the exit poll results on <a href="https://twitter.com/nayibbukele/status/1754307883586494722" rel="noopener noreferrer nofollow">X</a>, expressing confidence in his party’s victory. He stated that their own data shows him winning the election with over 85% of the votes and securing a minimum of 58 out of 60 deputies in the assembly.&nbsp;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 De acuerdo a nuestros números, hemos ganado la elección presidencial con más del 85% de los votos y un mínimo de 58 de 60 diputados de la Asamblea.
 El récord en toda la historia democrática del mundo.
 Nos vemos a las 9pm frente al Palacio Nacional.
 Dios bendiga a El Salvador.
 — Nayib Bukele (@nayibbukele) <a href="https://twitter.com/nayibbukele/status/1754307883586494722?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 5, 2024</a>
</blockquote>
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Bukele has gained international attention for his enthusiastic support of Bitcoin and his efforts to make it legal tender in El Salvador.&nbsp;
See Also: <a class="row-title" href="https://bitcoinworld.co.in/bitfinex-launches-securities-platform-in-el-salvador/" aria-label="“Bitfinex Launches Securities Platform in El Salvador” (Edit)" rel="noopener noreferrer nofollow">Bitfinex Launches Securities Platform in El Salvador</a>
He has also spearheaded several Bitcoin-based projects in the country, such as the Volcano Bond and the construction of a tax-free Bitcoin City.
However, Bukele’s bid for a second term has not been without controversy. Critics argue that the country’s constitution prohibits him from seeking immediate re-election.&nbsp;
Salvadoran lawyer Alfonso Fajardo has pointed out that the constitution prohibits presidential re-election up to seven times.
Despite these challenges, Bukele remains a popular figure in El Salvador, credited with reducing crime and improving the country’s economy.&nbsp;
Some analysts believe that El Salvador has the potential to become the “Singapore of the Americas,” attracting investment capital and immigration in the coming years.
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The post <a href="https://bitcoinworld.co.in/el-salvadors-nayib-bukele-set-re-elected-for-second-term-as-president/" rel="noopener noreferrer nofollow">El Salvador’s Nayib Bukele Set To Be Re-elected For Second Term As President</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

El Salvador’s Nayib Bukele Set To Be Re-elected For Second Term As President

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