U.S. president Donald Trump played El Salvador president Nayib Buklele at the White House on April 14, with talks centered on trade and immigration, excluding Bitcoin from the public agenda.
Pressing issues of transfer and bilateral security cooperation set the tone of Buklele’s first official meeting in the White House in Trump’s second term.
According to a livestream shared Through Buklele’s office at X, Trump raised the possibility of transferring U.S. citizens to be convicted of crimes to prisons in El Salvador, urging Buklele to expand the country’s prison system to house more prisoners. “I said homegrown is next, the homegrown. You need to build nearly five more places.”
Source: Nayib Buklele
Ever since the office, the Trump administration has been deported A $ 6 million deal between countries.
Trump also discussed the ongoing trade war released by his administration on April 2, suggesting a potential temporary exception for automakers aimed at relieving the transfer of their supply chains.
“I’m looking at something to help some of the car companies with it,” Trump told reporters present at the meeting, adding that the US Auto industry was “needing a little time” to move production to the country.
Meeting does not hold on to digital assets and bitcoin (Btc) Policy – a flagship initiative of the same President of the President.
El Salvador adopted Bitcoin as a legal soft in 2021, pioneering the strategy of the Strategic Bitcoin strategy later followed by Trump.
The US president was positioned himself as a pro-crypto candidate during the election period in 2024. On March 6, Trump Signed an Executive Order To create a bitcoin strategic reserve and digital stockpile assets in the United States.
The US holds nearly 198,000 BTCcosting more than $ 17 billion to March. The reserve was primarily formed by Bitcoin that was seized in criminal and civil cases, including significant amounts from Silk Road and Bitfinex cases.
Related: How much bitcoin does the US hold, and where did it come from?
El Salvador’s BTC’s plan faces IMF opposition
El Salvador signed off in December a $ 1.4 billion loan agreement with the International Monetary Fund (IMF), which included promises To relax Bitcoin -related initiatives and reduce public sector involvement in digital ownership.
While the Congress of Salvadorn amended its bitcoin laws in January To comply with the deal, the government continued the sun -buying BTC. The country’s national office national office tracker Shut up It is currently holding 6,147.18 BTC, which costs about $ 520.7 million in this writing.
Related: Tether will transfer HQ to El Salvador after license seizing
