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Madeira ‘embraces’ Bitcoin, and how its president met Michael Saylor -Breaking

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Madeira ‘embraces’ Bitcoin, and how its president met Michael Saylor

The tiny Portuguese archipelago of Madeira has “adopted” (BTC) — but what does that mean? This announcement was made at the Bitcoin 2022 conference, which took place in Miami. It has caused confusion and misinformation.

Miguel Albuquerque (the president of Regional Government of Madeira) jumped on to the podium in April Announce: “I believe in the future, and I believe in Bitcoin.” He also said he would work to “create in Madeira a fantastic environment for Bitcoin.” However, the details remained unclear.

Loja (farright), President Albuquerque and Knut Swingholm (farleft) were in Madeira, May 2022. Source: Loja
Madeira’s International Business Center. Source: IBC