El Salvador’s legislature has passed sweeping constitutional reforms, allowing indefinite presidential reelection and extending presidential terms to six years, a move that has sparked widespread criticism and concern over democratic backsliding.


Bukele Gains Path to Remain in Power Beyond 2029

In a 57–3 vote, President Nayib Bukele’s New Ideas party and its allies pushed through five major reforms, including the removal of presidential term limits and the elimination of run-off elections. These changes pave the way for Bukele to seek unlimited terms in office.

“Power has returned to the only place that it truly belongs… to the Salvadoran people,” said Suecy Callejas, Vice President of the Legislative Assembly.


Term Realignment Could Shorten Current Presidency

Lawmaker Ana Figueroa proposed ending Bukele’s current term two years early, aligning future presidential elections with congressional elections. If approved, Bukele’s term would conclude on June 1, 2027, rather than 2029.

She argued this would save up to $50 million in taxpayer funds by eliminating the need for run-off elections.


Opposition Warns of Rising Authoritarianism

Opposition lawmaker Marcela Villatoro criticized the move as a serious threat to democratic norms. “You don’t realize what indefinite reelection brings. It brings an accumulation of power and weakens democracy,” she warned.

Opponents say the reforms will foster nepotism, clientelism, and limit political participation.

The reforms arrive amid concerns over human rights, with reports in June of government critics being jailed and civil society lawyers detained pending trial.


Bukele Remains Popular Despite Global Scrutiny

Despite global criticism, Bukele continues to enjoy strong domestic approval. A recent survey from the University of El Salvador showed 78% approval for his second term, while another poll rated him 8.15 out of 10 for his sixth year in office.


Bitcoin Policy Under Scrutiny as Reforms Advance

These constitutional changes coincide with renewed attention to El Salvador’s Bitcoin strategy. Although the IMF claims no new Bitcoin purchases were made since the $1.4 billion loan agreement in December 2024, the official Bitcoin Office reports continued daily acquisitions.

El Salvador currently holds 6,255.18 BTC, with 31 added in the last 30 days, according to on-chain data.

The country recently signed an agreement with Bolivia’s top bank to expand crypto infrastructure across Latin America.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

bitxjournal.com

info@bitxjournal.com

Bitxjournal Copyright © 2025, All rights reserved

News
Rates
Buy
More
We use cookies to personalize content and ads, provide social media features, and analyze our traffic. In accordance with GDPR/AVG and EU cookie regulations, data is processed only with your consent. We may share information about your use of our website with our social media, advertising, and analytics partners, and you can manage or withdraw your consent at any time. View more
Cookies settings
Accept
Privacy & Cookie policy
Privacy & Cookies policy
Cookie name Active

Privacy Policy

At BitxJournal.com, we respect your privacy and are committed to protecting your personal data. This Privacy Policy explains how we collect, process, store, and protect personal information in accordance with the General Data Protection Regulation (GDPR) and AVG (EU privacy legislation).

1. Data Controller

BitxJournal.com acts as the data controller for all personal data processed through this website.

2. Personal Data We Collect

We may collect and process the following categories of data:

Personal Data

  • Name and email address (when you subscribe to newsletters or contact us)

Technical & Usage Data

  • IP address, browser type, operating system

  • Device information

  • Pages visited, referral sources, and interaction data

This data is collected via cookies, log files, and analytics technologies.

3. Legal Basis for Processing

We process personal data only when a lawful basis exists, including:

  • Consent – when you explicitly agree (e.g., cookies, newsletter sign-up)

  • Legitimate interest – to operate, secure, and improve our website

  • Legal obligation – when required by applicable laws

You may withdraw your consent at any time.

4. Purpose of Data Processing

Your data is processed for the following purposes:

  • Operating and maintaining the website

  • Improving content, usability, and performance

  • Sending newsletters or updates (only with consent)

  • Analyzing traffic and user behavior

  • Responding to inquiries or support requests

5. Cookies & Consent Management

We use cookies and similar technologies in compliance with EU Cookie Law.

  • Non-essential cookies are placed only after explicit user consent

  • Users may accept, reject, or manage cookie preferences at any time

  • Consent can be withdrawn without affecting prior lawful processing

Detailed cookie information is available in our Cookie Settings panel.

6. Third-Party Data Processing

We may share limited data with trusted third-party service providers, including:

  • Analytics providers (e.g., Google Analytics)

  • Advertising partners (for personalized or non-personalized ads)

These third parties act as data processors and process data only under contractual obligations compliant with GDPR/AVG.

7. International Data Transfers

Where data is transferred outside the European Economic Area (EEA), we ensure appropriate safeguards are in place, such as Standard Contractual Clauses (SCCs) or equivalent legal mechanisms.

8. Data Retention

We retain personal data only for as long as necessary to fulfill the purposes outlined in this policy or as required by law.

9. Data Security

We implement appropriate technical and organizational security measures to protect personal data against unauthorized access, alteration, disclosure, or destruction.

10. Your GDPR Rights

Under GDPR/AVG, you have the right to:

  • Access your personal data

  • Rectify inaccurate or incomplete data

  • Request data erasure (“right to be forgotten”)

  • Restrict or object to processing

  • Data portability

  • Withdraw consent at any time

  • Lodge a complaint with a supervisory authority

11. Changes to This Privacy Policy

We reserve the right to update this Privacy Policy at any time. Any changes will be posted on this page with a revised effective date.

12. Contact Information

For privacy-related inquiries or GDPR requests, contact:

📧 Email: support@bitxjournal.com
🌐 Website: https://bitxjournal.com

Save settings
Cookies settings