El Salvador’s Bitcoin-loving president Nayib Bukele to run again in 2024

El Salvador’s president Nayib Bukele has announced that he plans to run again in 2024.

Bukele revealed the plans to a crowd on the night of El Salvador’s independence day.

Bukele intends to run again despite El Salvador’s constitution prohibiting candidates from serving two terms in a row.

Bukele ushered El Salvador’s controversial move to make bitcoin legal tender on September 7, 2021. The Central American country is the first in the world to do so.

Bukele has faced criticism over the impact of his bitcoin-buying strategy has had on the country’s financial position and for lacking transparency.

Days before El Salvador made bitcoin legal tender last year, its newly-revamped top court ruled that candidates could serve a second term.

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