citizenship

According to a report by The Wall Street Journal citing informed sources, the Trump administration is considering an executive order that would require banks to collect customers' citizenship data as part of its crackdown on immigration.Informed sources said that the initiative is primarily being assessed by the U.S. Department of the Treasury and could ultimately require banks to ask both new and existing customers who wish to maintain bank accounts in the U.S. for a type of unprecedented new documentation, such as passport information.

ChainCatcher news, Musk replied on social media yesterday regarding the discussion of "When will Roger Ver be pardoned," stating, "Roger Ver renounced his U.S. citizenship. He has not received any pardon. Joining the 'club' of citizens comes with its privileges."ChainCatcher previously reported that early Bitcoin investor Roger Ver, known as "Bitcoin Jesus," posted a video on social media seeking help from Trump. Ver is currently facing extradition risks in Spain, where he is accused of failing to report capital gains when selling Bitcoin in 2017 and underreporting his Bitcoin holdings when renouncing his U.S. citizenship in 2014.

ChainCatcher message, according to the Wall Street Journal, a person close to Pavel Durov revealed that Telegram has long ignored subpoenas from law enforcement, piling them up in a company email inbox that is rarely checked.In 2018, French President Macron invited Pavel Durov to move Telegram to Paris and considered granting him French citizenship. Additionally, sources indicated that in 2017, French and UAE intelligence agencies collaborated to hack Durov's iPhone, with the operation code-named "Purple Music."

ChainCatcher news, according to Reuters, Telegram founder and CEO Pavel Durov became a French citizen in August 2021. He moved Telegram to Dubai in 2017, and according to French media, he also obtained citizenship of the United Arab Emirates, in addition to being a citizen of the Caribbean twin-island nation of Saint Kitts and Nevis.

ChainCatcher news, according to Bitcoin.com, Unbound Fund announced a new opportunity for individuals to obtain Portuguese/EU citizenship by indirectly holding Bitcoin worth approximately $542,000 (€500,000). The fund is the first of its kind to qualify for a golden visa, providing exposure to the risks of Bitcoin.The founder of Unbound Fund believes that Bitcoin can become a tool for free movement in a mutually beneficial relationship with Portugal.

ChainCatcher news, according to Reuters, the Salvadoran Congress passed an immigration bill on December 21 that allows foreigners to obtain fast citizenship by "donating" Bitcoin to government social and economic development projects. The bill is expected to take effect in the coming days. It is reported that the bill does not specify a minimum "donation" requirement.

ChainCatcher news, according to Cointelegraph, El Salvador has launched a new "Investment for Citizenship" program, which will issue residency visas and a pathway to citizenship for 1,000 individuals willing to invest $1 million in BTC or USDT in the country. Tether supports El Salvador's free visa program through technical assistance.It is reported that the process requires a non-refundable deposit of $999 in the form of Bitcoin or USDT. If all slots are filled, it will raise $1 billion for El Salvador.In nearby Caribbean countries, similar investment citizenship programs start at $100,000, while a pathway to citizenship in an EU country is priced slightly above $800,000.Alistair Milne, founder of the crypto hedge fund Altana Digital Money, commented that El Salvador's product "is not competitive in the global market," emphasizing that EU citizenship can be purchased for less money.

ChainCatcher news, the co-founder of the crypto hedge fund Three Arrows Capital, Kyle Davies, stated that he has renounced his U.S. citizenship and therefore is not accountable to U.S. courts. Davies mentioned that he successfully became a permanent resident of Singapore in 2017.