$BTC U.S. Democratic senators introduced the Accountability Act (S. 2058) in Congress, which proposes to sanction the government of Nayib Bukele and scrutinize the use of bitcoin (BTC) in El Salvador. This is based on accusations against the ruler and several of his executives for corruption, evasion of sanctions, and human rights violations.
The proposal, led by Chris Van Hollen, Tim Kaine, and Alex Padilla, demands a detailed report on the bitcoin purchases made by the Salvadoran government and, if approved, would order the end of international financial assistance to the country.
The bill, presented on June 12, 2025, would penalize Nayib Bukele, his vice president, and key ministers with measures such as blocking properties in the U.S., visa bans, and limitations on loans.
It would also trigger an investigation to determine whether the Bukele government has engaged in acts of corruption or schemes to violate constitutional rights in the U.S. through bitcoin transfers, allegedly in collusion with the Trump administration. This is despite both parties having sealed an anti-crime alliance.