El Salvador Bitcoin Treasury Lacks Transparency
The public has had to rely on President Nayib Bukele’s word — or more specifically, his tweets — to find out when he’s buying bitcoin, how much and at what price.
- Since making the cryptocurrency legal tender last year, the country has failed to officially declare any of its holdings..
- The public has had to rely on President Nayib Bukele’s word — or more specifically, his tweets — to find out when he’s buying bitcoin, how much and at what price.
- A human rights group in El Salvador has deemed the government’s restrictive policy on public information regarding its bitcoin accounts to be unconstitutional.
