El Salvador President Nayib Bukele Calls Off Bitcoin 2022 Conference Appearance

2 years ago

In a missive connected Wednesday, Nayib Bukele, citing “unforeseen circumstances” successful El Salvador arsenic requiring his afloat presence, announced the cancellation of his information successful the Bitcoin 2022 league successful Miami.

  • The apt culprit: His state is presently successful a fierce conflict against transgression gangs, known arsenic “maras.” On March 27, 62 radical were killed successful murders attributed to a section mara, prompting El Salvador's Legislative Assembly to suspend law rights for 30 days.

  • According to El Salvador's National Police, 6,894 pack members person been arrested successful the past 11 days.

  • In his letter, Bukele said helium had the “sincere hope” of participating to marque “another announcement, different tiny publication successful our combat for the liberation of money.”

  • It was astatine the Bitcoin 2021 league past June that Bukele announced his plans to marque Bitocin (BTC) ineligible tender successful El Salvador. As for this year’s announcement, expectations ran the gamut, but 1 apt campaigner was a advancement study connected the country’s plans for the merchantability of $1 cardinal successful Bitcoin bonds.

DISCLOSURE

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Andrés Engler is simply a CoinDesk concern newsman based successful Argentina, wherever helium covers the Latin American crypto ecosystem. He holds nary crypto.


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