El Salvador passes law offering citizenship to Bitcoin investors: Report
The new citizenship by Bitcoin "donation" law comes about two weeks after El Salvador launched a Bitcoin "Freedom Visa" for foreigners looking to move to the Central American country.
El Salvador's Congress has reportedly approved a migration law allowing citizenship to foreigners who make Bitcoin (BTC) "donations" toward the country's government-run 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 Idea's party, according to a Reuters report.
The law is expected to come into force in the coming days.
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