President of El Salvador Bukele mocks US lawmakers

El Salvador President Nayib Bukele has spoken out in defense of his country's cryptocurrency-friendly policies and once again mocked foreign leaders on platform X this week, with U.S. Democratic senators being his latest targets.

In a brief post on Tuesday, Bukele criticized a bill presented by Senators Tim Kaine (Virginia), Chris Van Hollen (Maryland), and Alex Padilla (California) in June, aimed at investigating the use of cryptocurrency in El Salvador and considering the possibility of imposing sanctions on him.

"HAHAHAHAHAHAHA, the Democratic party members are just jealous," Bukele wrote.

The bill titled "El Salvador Responsibility Act of 2025" proposes an investigation into the Salvadoran government's use of cryptocurrency as a tool for "regime corruption." This bill also calls for freezing the country's assets.

President Bukele has repeatedly mocked foreign agencies on social media in the past, including the International Monetary Fund (IMF) and the Venezuelan government. The reaction of this unique leader comes amid his closeness to President Donald Trump, who has stirred controversy by using El Salvador's large prison to detain some individuals deported from the United States.

Although having a close relationship with Trump, Democrats are still urging to "evaluate whether Bitcoin or other cryptocurrencies are being used in El Salvador as a means to evade the financial sanctions imposed on other countries."

El Salvador legalized Bitcoin in 2021, alongside the US dollar. The new law requires businesses to accept cryptocurrencies if they have the necessary technology to do so.

After a dispute with the International Monetary Fund, where El Salvador is negotiating a development grant, President Bukele has agreed to narrow this regulation. Currently, businesses are no longer required to accept digital assets as a method of payment.

Nevertheless, Bukele—a staunch supporter of Bitcoin—continues to purchase cryptocurrency for the national treasury, which has drawn criticism from some foreign politicians.

The El Salvador government was initially not transparent about its cryptocurrency purchases, with blockchain researchers previously relying on Bukele's humorous tweets to estimate the amount of Bitcoin he holds.

Bukele has announced a BTC address currently holding 6,232 BTC, according to data from Arkham Intelligence, equivalent to a value of 690 million US dollars at current prices. Bitcoin has reached a new record price of over 112,000 dollars on Wednesday and is now stabilized at just above 111,000 dollars.

Despite facing continuous criticism that Bukele has established a dictatorial government, he still maintains strong support. A survey in June from a local newspaper showed that he achieved a support rating of 8.5 out of 10.

Mr. Giáo