President Nayib Bukele has officially secured another term in office following the recent constitutional reform, allowing him to remain in power beyond his current term. This political shift not only expands his influence but also bolsters the long-term future of Bitcoin in the country — a nation that has become a global symbol of crypto adoption.
🗳 A Reform That Changes the Rules
On Thursday, El Salvador’s legislature passed a package of five major amendments that fundamentally rewrite the rules of the presidential mandate:
🔹 The president can now be re-elected indefinitely
🔹 The term length is extended from 5 to 6 years
🔹 Runoff elections have been eliminated
The vote passed with a decisive majority — 57 in favor, 3 against — and the reforms were pushed through without any public debate. The ruling New Ideas party, led by Bukele, swiftly cleared the way for more years of his leadership.
While Bukele himself had previously shown hesitation about the need for reform, he did not comment on whether he plans to run for a third term. Still, many interpret his silence as a green light for extended leadership.
🧑⚖️ “How long he stays? That’s up to the people.”
Ana Figueroa, the lawmaker who introduced the reform, declared in her speech:
“El Salvador, it’s simple: only you have the power to decide how long you want to support any public official — including your president.”
Not everyone welcomed the move. Marcela Villatoro from the opposition ARENA party stated bluntly:
“Today, democracy died in El Salvador.”
And Noah Bullock, executive director of the human rights organization Cristosal, added:
“A day before the holiday, without debate, without informing the public, they changed the political system in a single vote — allowing the president to remain in power indefinitely. We continue down the well-worn path of autocrats.”
₿ Bitcoin Secures a Strong Ally for Six More Years
Nayib Bukele has made a name for himself as one of the world’s most prominent state-level Bitcoin supporters. In 2021, he made El Salvador the first country to adopt Bitcoin as legal tender, positioning the nation as a pioneer in digital finance.
During his first term, Bukele steadily increased the country's Bitcoin holdings despite opposition from the International Monetary Fund (IMF). El Salvador currently owns 6,246 BTC, and according to the newly formed Bitcoin Office, continues its daily accumulation strategy — buying 1 BTC every day.
His extended term promises stability and continuity for the country’s crypto strategy. El Salvador could continue building its image as a Bitcoin hub, attracting investors, blockchain developers, and global projects aligned with its digital vision.
#NayibBukele , #ElSalvador , #bitcoin , #CryptoNews , #CryptoAdoption
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