El Salvador is expected to sell out 1,000 Bitcoin "freedom visa" slots by the end of the year

ChainCatcher news, according to Cointelegraph, the Bitcoin Office of El Salvador (ONBTC) has revealed that the country's "Freedom Visa" program has received hundreds of inquiries and multiple applications since its launch on December 7, and it is expected to sell out by the end of the year.

It is reported that the program is limited to 1,000 spots per year. This program, launched by the El Salvador government in collaboration with stablecoin issuer Tether, is a procedure to obtain residency visas and citizenship through donations, open to 1,000 individuals willing to donate $1 million in Bitcoin (BTC) or Tether (USDT) to the country.