US President Donald Trump hosted the President of Salvador Nayib Bukele in the White House on April 14, with conversations focused on trade and immigration, excluding Bitcoins from the public program.
The port issues of migration and bilateral security of security gave the tone of the first official Bukele meeting in the White House during the second term of Trump.
According to live broadcast common Through the Bukele office at X, Trump raised the possibility of transferring US citizens convicted of crimes in prisons in El Salvador, calling bikele to extend the prison system of the country to place a larger number of prisoners. “I said that homegrowns are next, native. You must build about five places.”
Source: Nayib bukele
Since its office, the Trump administration has been deported by Salvador hundreds of alleged foreign people Agreement worth $ 6 million between countries.
Trump also dealt with the ongoing trade war released by its administration on April 2, which suggests potential transient release from car manufacturers aimed at relieving the passage of their supply chains.
“I look at something that will help some car companies in this,” Trump told reporters present at the meeting, adding that the American automotive industry “needs[s] Some time “to transfer production to the country.
The meeting did not affect the digital resources and Bitcoin (BTC) policy – the flagship initiative of both presidents’ administrations.
Salvador accepted Bitcoin as a legal tender in 2021, a pioneer, and later a strategic Bitcoin and then Trump reserve approach.
The US President established himself as a Pro-Crypto candidate during the 2024 election. On March 6, Trump signed an executive order to create a Bitcoin strategic reserve and digital actions in the United States.
The United States has almost 198,000 BTC worth over $ 17 billion in March. The reserve is created primarily from Bitcoins confiscated in criminal and civil matters, including significant amounts from the case of Hilk Road and Bitfinex Hack.
Related: How many bitcoins does the USA have and where did they come from?
BTC El Salvador plans will face the IMF opposition
In December, El Salvador signed a loan agreement worth $ 1.4 billion with the International Monetary Fund (IMF), which included obligations to resign from Bitcoin initiatives and reduce the involvement of public sector in digital assets.
While the Salvadoran Congress changed its regulations regarding the Bitcoins in January in order to comply with the contract, the government continued their daily purchases of BTC. National Bitcoin’s Tracker office can be seen Currently, it has 6 147.18 BTC, worth about $ 520.7 million in this letter.
Related: Tether will take his headquarters to El Salvador after securing the license
