<ul data-eligibleForWebStory="false"><li>A trio of Senate Democrats has introduced a bill targeting El Salvador President Nayib Bukele and his inner circle, along with El Salvador's Bitcoin strategy.</li><li>The legislation includes sanctions and a forensic probe of El Salvador's use of cryptocurrency, focusing on allegations of corruption and sanctions evasion.</li><li>The bill seeks to block US-controlled assets of named Salvadoran officials, revoke their visas, and restrict assistance to El Salvador from international organizations.</li><li>The bill's Bitcoin provisions highlight concerns about a dollarized economy holding un-audited Bitcoin reserves potentially being used for sanctions evasion.</li></ul>

US Senate Bill Targets Bukele’s Bitcoin Strategy With Massive Sanctions Plan

Discover more