President Nayib Bukele told the US to stay out of Salvadoran internal affairs and reminded that the United States has no jurisdiction over El Salvador, a sovereign and independent nation after senators Jim Risch, Bill Cassidy and Bob Mendez asked the State Department to submit a report on the implementation of bitcoin in El Salvador with the purpose of assessing the risks it poses to the U.S. economy.

El Salvador was the first country in the world to adopt cryptocurrency for official use, in parallel to the U.S. dollar, a decision that has drawn it harsh criticism from the International Monetary Fund (IMF).

The entire situation backfired to the Foreign Relations Committee now that interest in Volcano Bonds has skyrocketed and the country is considering to add an additional $5 billion in Bitcoin-backed bonds.