The new citizenship by Bitcoin donation law comes about two weeks after El Salvador launched its Bitcoin Freedom Visa for foreigners looking to move to the Central American country.
The Legislative Assembly of El Salvador has reportedly approved a migration law granting expedited citizenship to foreigners who make Bitcoin (BTC) donations toward government social and economic development programs.
The reform was passed by the country’s legislature on Dec. 21 with support from the Nayib Bukele’s New Ideas party, according to a Reuters report.
The law is expected to come into force in the coming days.
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Source: https://cointelegraph.com/news/el-salvador-passes-law-offering-citizenship-bitcoin-investors