El Salvador’s legislature approved constitutional changes allowing indefinite presidential reelection, extending the term to six years, and eliminating runoff voting. Opponents fear the concentration of power and weakening of democratic institutions. These changes could save taxpayers money, according to New Ideas lawmaker Ana Figueroa. The move aligns the presidential and congressional election schedules.

Opposition lawmaker Marcela Villatoro believes the proposals mark the death of democracy in El Salvador. She warns of the dangers of indefinite reelection, including corruption and nepotism. First Vice President Suecy Callejas defended the changes, saying power belongs to the Salvadoran people. These constitutional changes come amid concerns of democratic backsliding.

El Salvador’s international image remains mixed, especially concerning its economic and Bitcoin strategies. The IMF reported that the country has not purchased Bitcoin since signing a $1.4 billion loan deal in December 2024. However, El Salvador’s Bitcoin Office claims to continue buying 1 Bitcoin per day. The country recently signed a memorandum of understanding with Bolivia’s top bank to strengthen crypto infrastructure.

Bitcoin policy in El Salvador is drawing mixed reviews as the country’s reserve of 6,255.18 BTC has grown by 31 BTC in the past 30 days. Despite conflicting reports, El Salvador continues to make strides in the crypto space, with recent partnerships to enhance crypto policies. The constitutional changes and Bitcoin strategies are shaping the country’s international reputation.

Read more at Cointelegraph: El Salvador Now Allows Indefinite Presidential Reelection.