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Bitcoin
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$115,020.00 0.39063
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Ethereum
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$4,534.20 2.45521
Ethereum price
BNB
BNB (BNB)
$906.92 0.97611
BNB price
Solana
Solana (SOL)
$238.93 5.46376
Solana price
XRP
XRP (XRP)
$3.03 0.94813
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.29464
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Pepe
Pepe (PEPE)
$0.0000105 0.78986
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Bonk
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$0.0000252 7.56306
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dogwifhat
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$0.902819 2.33548
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Popcat
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Bitcoin
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$115,020.00 0.39063
Bitcoin price
Ethereum
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$4,534.20 2.45521
Ethereum price
BNB
BNB (BNB)
$906.92 0.97611
BNB price
Solana
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$238.93 5.46376
Solana price
XRP
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$3.03 0.94813
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.29464
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000105 0.78986
Pepe price
Bonk
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$0.0000252 7.56306
Bonk price
dogwifhat
dogwifhat (WIF)
$0.902819 2.33548
dogwifhat price
Popcat
Popcat (POPCAT)
$0.274774 2.64692
Popcat price
Bitcoin
Bitcoin (BTC)
$115,020.00 0.39063
Bitcoin price
Ethereum
Ethereum (ETH)
$4,534.20 2.45521
Ethereum price
BNB
BNB (BNB)
$906.92 0.97611
BNB price
Solana
Solana (SOL)
$238.93 5.46376
Solana price
XRP
XRP (XRP)
$3.03 0.94813
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.29464
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000105 0.78986
Pepe price
Bonk
Bonk (BONK)
$0.0000252 7.56306
Bonk price
dogwifhat
dogwifhat (WIF)
$0.902819 2.33548
dogwifhat price
Popcat
Popcat (POPCAT)
$0.274774 2.64692
Popcat price

El Salvador Congress green lights citizenship for investments in BTC

News
El Salvador Congress green lights citizenship for investments in BTC

The El Salvadoran Congress has approved a law to speed up the citizenship acquisition for those who make donations in Bitcoin (BTC).

El Salvador’s Congress, with backing from President Nayib Bukele’s New Ideas party, has passed a migration law that offers fast-tracked citizenship to foreigners who contribute to government social and economic programs through Bitcoin donations.

This unexpected decision, made in a late-night vote by the unicameral legislature on Dec. 21, is expected to come into enforcement in the coming days, per a Reuters report.

However, the law does not contain any minimum requirements for a donation. The reform stipulates that those who qualify will skip the standard need for the naturalization process of five years of continuous residence for anyone from a non-Hispanic country or two years if the person has a Salvadoran spouse.

At the same time, it was previously reported that anyone can get the El Salvador Freedom Visa if one invests $1 million in BTC or USDT for the country’s development.

The main goal of such an initiative is “to benefit the economy, culture, and people of El Salvador.” It is designed to create conditions in which people can independently contribute to forming a new economy for the country and a better future for the first cryptocurrency.

El Salvador made Bitcoin its national currency in 2021. Although its adoption has been slow and its use limited, since November 2022, El Salvadoran authorities have been purchasing 1 BTC a day in a bid to shore up the country’s treasury.