A non-governmental organization’s request for information about the country’s Bitcoin (BTC) purchases to the Development Bank of El Salvador (BANDESAL) was denied for the second time.
El Salvador Center for Anti-Corruption and Legal Advice (ALAC) 31 October on his official social media account. in his post, of BANDESAL made using public resources bitcoin about purchases refusing to give information explained. ALAC based its statement on the reply text sent by BANDESAL. According to the statement, BANDESAL said that the country’s Bitcoin purchases secret information He denied the request for information.
El Salvador reserve to date 2,301 Bitcoins bought and all of these purchases were made by the President of the country. by Nayib Bukele announced to the public and the rest of the world via social media. However, what the people of El Salvador can learn about these investments made using public resources. President’s posts was limited to On top of that, ALAC, a non-governmental organization, conducts Bitcoin purchases about investments in BANDESAL, known as the bank requested information. However, BANDESAL claimed that the investments were confidential information. refused to comment.
ALAC, in its shares using public resources on investments made restrictions on the public’s right to information BANDESAL on the grounds criticized.
Majority of the public believe in Bitcoin of losing then BANDESAL to guarantee the convertibility of Bitcoin to dollars to the public. A $150 million trust fund announced its creation. Although President Bukele believes in the future of Bitcoin, a recent poll in El Salvador has 80% of agree with him not is showing.