Last Updated on October 14, 2023 by COINBUZZFEED
The President of Madeira, Miguel Albuquerque, has set the stage for a new era of innovation by announcing the launch of a Bitcoin business hub.
Madeira, the picturesque Portuguese island, has declared its embrace of Bitcoin with the inauguration of a dedicated business hub. The move has sent shockwaves through the crypto sphere, triggering a wave of enthusiasm among individuals and businesses eager to explore the island’s burgeoning crypto-friendly environment.
President Miguel Albuquerque’s announcement, has not only turned heads but also positioned Madeira as a potential haven for Bitcoin enthusiasts worldwide. The President’s visionary approach has garnered attention, with plans already in motion for the establishment of a thriving Bitcoin ecosystem on the island.
President Albuquerque’s commitment to Bitcoin adoption was underscored by his meeting with Michael Saylor, a prominent figure in the crypto space. The encounter highlighted the seriousness with which Madeira is approaching its embrace of Bitcoin, drawing attention from global crypto influencers.
President Albuquerque’s strategic move to launch a Bitcoin business hub is aimed at fostering innovation within the local community. The hub is anticipated to become a nucleus for crypto-related businesses, startups, and technological advancements, positioning Madeira as a frontrunner in the evolving landscape of digital currencies.
