El Salvador grants Freedom Visa to 7 foreign Bitcoin investors

Daily summary of news from the crypto world, so you are always informed with the latest news

El Salvador grants Freedom Visa to 7 foreign Bitcoin investors

7 foreign investors have invested a total of 140 bitcoins in El Salvador. This and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.

El Salvador citizenship for Bitcoin investors

📍‌According to the Bitcoin Beach project, so far, 7 Bitcoin investors have received the Freedom Visa from El Salvador. This visa, as reported by this media in December 2023, is granted by the national government to all investors who allocate $1 million dollars or more in investments in the country, either in bitcoins or USDT.

From its X account (formerly Twitter), Bitcoin Beach reported that it has met with 7 people who have so far received this citizenship visa, and that they have invested, together, around 140 bitcoins, to promote the nation's technological development plans.

Freedom Visa is a visa program that will grant citizenship to 1.000 Bitcoin and cryptocurrency investors each year, who invest in the development and socioeconomic and technological growth of the country.

Cryptocurrencies make their presence felt at the Exchange ETF Conference

📍‌Cryptocurrencies met with the brightest minds in the world of finance at the annual ETF conference, held in Miami. The Exchange ETF Conference, an annual event that brings together global financial leaders, reserved a place for cryptocurrencies and digital assets at this year's edition.

Fox Business, a prominent American business-focused television channel, reported that cryptocurrencies have gained a privileged place among the world's largest asset management companies, following the approval of 11 Bitcoin spot ETFs in the United States on January 10.

The annual conference was attended by financial giants such as BlackRock, Fidelity, Invesco, State Street and Vanguard, several of which have become Bitcoin ETF providers after receiving approval from the SEC. The TV channel highlighted that Bitcoin-based investment funds are dominating the news today, mainly due to receiving approval from SEC Chairman Gary Gensler, a known skeptic of cryptocurrencies, and the support being given to them by titans such as Larry Fink, CEO of BlackRock.

South Korea reaffirms its commitment to cryptocurrencies

📍‌Cryptocurrencies are once again at the forefront of political campaigns in South Korea. Recently, the ruling party in the country, as well as members of the opposition party, reaffirmed their commitment to the innovation that cryptocurrencies represent. According to local media, both parties are expressing their support for the development of Bitcoin and the crypto industry, making promises on how they will drive the growth and expansion of these digital assets.

Among the new promises is the possibility of approving several investment funds based on Bitcoin.

Specifically, the ruling party hinted The possible creation of a regulatory framework is being evaluated, which legally recognizes and introduces cryptoassets as investment assets in the markets, and which allows the listing of exchange-traded funds or spot Bitcoin ETFs.

Over 22.900 ETH addresses received the new Optimism airdrop

📍‌This week, Optimism allocated 10.343.757 OP tokens to 22.998 ETH addresses as part of its new airdrop. The developers of Ethereum's second-layer protocol have announced the launch of a new airdrop, in which they have allocated more than 10 million tokens, valued at around $38,2 million, to nearly 23.000 ETH addresses.

On this occasion, the beneficiary addresses belong to NFT creators and artists, according to the Selection criteria announced by the network's development team.

Optimism highlighted that NFT artists and creators are fundamental to the crypto ecosystem and society, which is why it has rewarded their ability to bring creativity, art and talent to the blockchain with this new airdrop. “Their contributions play a vital role in the Optimism Collective.”

In 2022, the protocol released 200 million OP tokens, which were allocated to 250.000 early adopters and engaged users of the Optimism network.

Continue reading: EIP-4844: The new update for Ethereum scalability

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