AiCoin|Jul 28, 2026 00:31
[Opposition Candidates in El Salvador Announced, Bukele's Bitcoin Strategy Faces Political Test]
According to BeInCrypto, the Nationalist Republican Alliance (ARENA) of El Salvador has nominated Maytee Iraheta, and the Farabundo Martí National Liberation Front (FMLN) has nominated Rafael Aguirre to run in the 2027 presidential election. Both candidates oppose Bukele's Bitcoin strategy. In February 2025, El Salvador revoked Bitcoin's status as legal tender after reaching a $1.4 billion loan agreement with the IMF, making the U.S. dollar the sole official currency. However, the government has continued its plan to purchase approximately 1 Bitcoin per day, with holdings reaching about 7,730 BTC as of July 27.
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