Today on the second day of bitcoin Amsterdam In 2023, the President of Madeira, Miguel Albuquerque, together with Prince Filip of Serbia in a fireside chat, announced the creation of a bitcoin business center in the region to encourage innovation.
“Last night you showed me the image of what will be the new bitcoin business center,” Prince Filip said. “The association was created to develop technology and bitcoin, and all the connections and associations that can be had. It started with some guys in Madeira who work very hard and is open to everyone who wants to collaborate,” responded President Alburquerque.
Prince Filip then told the president that he is very happy that the Madeira region is adopting bitcoin, calling it “a technology for the future” and an “open and secure protocol similar to the Internet.” Filip, a strong bitcoin advocate and CSO at January 31has been helping to educate policymakers around the world on the benefits of bitcoin adoption by nation states.
“We are changing our economic (base) for technological companies, high technology, artificial intelligence and bitcoin, of course,” said the Madeiran president. “Everything related to bitcoin is welcome in Madeira.”
At the bitcoin 2022 conference in Miami, it was Announced that Madeira was adopting bitcoin and that btc investors will not pay personal income taxes in the region. “I believe in the future and I believe in bitcoin,” President Albuquerque said last year. “People in Madeira who buy and sell bitcoins… do not pay taxes. They are not subject to personal income tax.”
Earlier this year, a delegation of Bitcoiners visited Madeira to discuss bitcoin with the president of Albuquerque and see the progress of its adoption throughout the region, which can be seen. below.
