Cryptocurrency News

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

05/17/2022

Less than a minute

2022.05.17 17:41

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

The tiny Portuguese archipelago of Madeira has “adopted” Bitcoin (BTC) — but what does that mean? The announcement, made during the Bitcoin 2022 conference in Miami, has spurned confusion and misinformation.

Miguel Albuquerque, the president of the Regional Government of Madeira, hopped on the stage in April to 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.

05/17/2022

Less than a minute

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