Posted 12/21/2023, 9:03:34 PM
El Salvador Offers Citizenship to Bitcoin Donors Supporting Development
- El Salvador passes law granting citizenship to foreign Bitcoin investors who donate to development programs
- Donations have no minimum requirement; part of President Bukele's re-election campaign
- El Salvador made Bitcoin a national currency in 2021, still working on country-wide implementation
- New law aims to attract "altruistic foreigners" to support economic and social development
- Those who qualify skip 5-year permanent residence requirement for naturalization