The President of the United States Donald Trump invited President Salvador to the USA. Nayib Bukele is to appear in Washington in April. The media speculates what the meeting is about.
Nayib Bukele will go to the USA
During the first two months of his presidency, Donald Trump has already talked to the leaders of France, India, Great Britain and Israel. And of course Ukraine, which this meeting was of the widest echo. Now the Republican has invited Nayiba Bukele, who has a very probitcoin policy in El Salvador.
So will Trump-Bukele conversations relate to cryptocurrencies? About that in a moment. The main purpose of the talks, however, will probably be migration policy. Everything happens shortly after Salvador agreed to take over hundreds of suspicious members of the Venezuelan gang who were arrested in the USA and are now deported to their homeland. According to the spokesperson, Bukele, Ernesto Sanabia, as soon as they go to Salvador, will be locked in prisons. This is part of the raw policy of the government, which declared war to the gangs.
It is possible that talks with Trump announce increased cooperation between two countries, especially in the fight against crime and illegal immigration. Bukele announced in February that his country would accept deported criminals from any country, but in exchange for payment. As you can see, he tries to earn money.
Cryptocurrency theme
Salvador was one of the first countries that recognized Bitcoin as a legal means of payment. In 2021, this happened in 2021. Opposition of the International Monetary Fund (IMF), which for a long time stopped the loan for the country, arguing that bitcoin policy is not conducive to the economy. Such arguments were made despite the fact that Bukele proved that he earns his country long -term on investment in BTC, and besides, the adoption of cryptocurrency strengthened the tourist sector.
However, the IMF conducts a policy in accordance with the US interest, so he pressed the salvador to cut off from BTC and increase the demand for an American dollar. It is not known whether the thread of cryptocurrencies will appear during the April conversations, but it is worth keeping in mind that Trump likes to create a cryptoper resident. It is possible that he will use the meeting with Bukele to announce something new in terms of Bitcoin.
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