'Just Salty': El Salvador President Bukele Mocks Senate Democrats Over Bitcoin Scrutiny

Key Points

1. El Salvador President Nayib Bukele mocked a bill submitted by U.S. Democratic senators that proposes investigating his government's crypto policies and freezing its assets.

2. The 'El Salvador Accountability Act of 2025' targets Bukele's administration, which made Bitcoin legal tender in 2021, though businesses are no longer required to accept it.

3. Bitcoin hit a new all-time high price above $112,000, with Bukele's government holding 6,232 BTC worth approximately $690 million.

4. Bukele remains popular in El Salvador, with a June poll showing an approval rating of 8.5 out of 10.

5. A U.S. Senate hearing discussed concerns about the crypto industry self-regulating, with a Trump ally comparing it to a 'spilled urine sample.'