NEWS + ADOPTION: The regional president of Madeira, Miguel Albuquerque, has reiterated his support for Bitcoin. In a recent interview, Albuquerque said that “everything that has to do with Bitcoin is welcome” in Madeira.
Albuquerque noted that Madeira is changing its economic base and orienting it towards Bitcoin. The region has adopted a number of Bitcoin-friendly policies, such as exempting personal income taxes for Bitcoin investors.
Albuquerque said he believes Bitcoin has the potential to help Madeira attract more investment and economic development. He also noted that Bitcoin is a technology that can help Madeira become a leader in innovation.
Albuquerque's statements are another step in Madeira's commitment to Bitcoin. The region has become a popular destination for Bitcoin enthusiasts, and we may see more Bitcoin adoption in the coming years.
The Madeira Bitcoin Business Center was created to encourage innovation and development of Bitcoin technology. It will focus on the research and development of new Bitcoin applications, and create a space for collaboration between Bitcoin-related companies and organizations.
The Madeira Bitcoin Business Center is a new effort to promote the island as a destination for Bitcoin businesses. The center will focus on research and development of new Bitcoin applications, and will create a space for collaboration between Bitcoin-related companies and organizations.
The president commented during the bitcoiner event that the center is already operational, with some young people from Madeira participating in it. He said the hub “is open to anyone who wants to collaborate.”
The announcement of the bitcoin business center in Madeira was made this Friday during his participation in the Bitcoin Amsterdam event, held this week in the capital of the Netherlands together with Prince Philip Karađorđević of Serbia, who is also a bitcoiner. The monarch celebrated that Madeira is promoting the adoption of the most popular cryptocurrency, which, in his opinion, is the “technology of the future.”
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