The 52 planned legal reforms demand less bureaucracy, less red tape and making tax incentives to form el salvador one of the most freedom-centric countries.
Salvadoran President Nayib Bukele needs to supply citizenship to those that invest within the little Central american nation.
President Bukele took to Twitter to tell the crypto community on Sunday that he was sending an inventory of 52 legal reforms to Congress. Among the foremost notable proposals, Bukele called for the removal of red tape, reducing forms, creating tax incentives and, most significantly, providing citizenships to foreigners wanting to take a position within the nation.
The president secure to form Salvador one in all the foremost freedom-centric countries at a time once the planet is falling into “Tyranny.”
Bukele has become a flag bearer for Bitcoin (BTC) adoption however an equally controversial figure in international politics for identical reasons. Recently, a bipartisan cluster of senators within the united states introduced new legislation, seeking to mitigate risks posed by El Salvador’s adoption of BTC as a legal tender.
( Prashant Jha, Cointelegraph, 2022)