Salvadoran citizenship is now available to BTC donors.
Key Takeaways
- El Salvador’s legislature has approved an immigration law that would provide expedited citizenship to foreign Bitcoin investors.
- The law is expected to be formally enacted in the coming days and has gained support from Nayib Bukele’s New Ideas party.
- The law has significant implications for Bitcoin enthusiasts as it allows altruistic foreign individuals to support national development through BTC donations without specifying a minimum contribution.
foreigner making bitcoin You can now donate money to social and economic development initiatives in El Salvador. Get citizenship quickly under the Legislature’s new immigration law.
This move is further evidence of El Salvador’s commitment to embracing cryptocurrencies and fostering innovation.
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The law, which has the support of Nayib Bukele’s New Ideas party, is: Successfully passed on December 21st, commemorating a pivotal moment in the country’s cryptocurrency journey. What is expected The law is expected to be officially enacted within a few days..
be carefulPlayed a pivotal role in creating Bitcoin fiat currency in El Salvador in September 2021, Temporarily stepped down As national leader, he will focus on the presidential campaign scheduled for February 4, 2024.
The Salvadoran government has not yet released an official statement on the new law, however. The National Bitcoin Office (ONBTC) amplified the news through its social media channels.You are reposting your tweet. bitcoin archive and audience index About this landmark event.
ONBTC is a professional management unit that oversees all Bitcoin and cryptocurrency-related projects in the country. There appears to be support for this landmark legislation..
This legislative milestone is closely related to El Salvador’s recent launch. Bitcoin “Freedom Visa”. The latter is a scheme designed to attract foreign investors willing to allocate $1 million in BTC. USDT To El Salvador.
Collectively, these developments make El Salvador’s Commitment to fostering a thriving cryptocurrency ecosystem Attract international interest and investment.
Ain is a senior cryptocurrency researcher. Her vast experience with content related to cryptocurrency and blockchain technology allows her to identify key information that should be presented to learners and ensure the validity of the data collected.
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