The nation kickstarted its 'Freedom VISA' program on Thursday, doling out residency to a maximum of 1,000 people per year who invest at least $1 million worth of bitcoin or tether (USDT) stablecoins.
El Salvador created history in September 2021 after becoming the first nation to recognize bitcoin as legal tender. It has since made bitcoin investments and holds over 2,700 BTC in its treasury - a position that has yielded over $3 million in unrealized profit so far.
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