{"id":10006,"date":"2022-04-11T19:35:51","date_gmt":"2022-04-11T19:35:51","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/honduras-roatan-island-portugals-madeira-to-adopt-bitcoin-mexican-senator-sends-bullish-sign-too\/"},"modified":"2022-04-11T19:35:52","modified_gmt":"2022-04-11T19:35:52","slug":"honduras-roatan-island-portugals-madeira-to-adopt-bitcoin-mexican-senator-sends-bullish-sign-too","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/honduras-roatan-island-portugals-madeira-to-adopt-bitcoin-mexican-senator-sends-bullish-sign-too\/","title":{"rendered":"Honduras\u2019 Roat\u00e1n Island, Portugal\u2019s Madeira to \u2018Adopt Bitcoin\u2019, Mexican Senator Sends Bullish Sign Too"},"content":{"rendered":"<div>\n<figure class=\"image\"><figcaption>Samson Mow during his presentation at Bitcoin 2022 today. Source: A video screenshot, Youtube\/Bitcoin Magazine\u00a0<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>The island of Roat\u00e1n in Honduras and Portugal\u2019s Madeira region are both set to \u201cadopt bitcoin,\u201d while a Mexican senator hinted that new talks about making bitcoin legal tender in this country about to begin.<\/p>\n<p>The announcements were made by representatives from the three countries, who were brought to the stage of the <i>Bitcoin 2022<\/i> conference in Miami today by Samson Mow, a former chief strategy officer at bitcoin development firm <strong>Blockstream<\/strong> who currently works on bitcoin nation-state adoption.<\/p>\n<p>According to the announcements:<\/p>\n<ol>\n<li>The island of Roat\u00e1n in Honduras will have bitcoin \u201coperate as legal tender,\u201d including giving bitcoin tax-free status. In addition, the island\u2019s economic free zone, managed by <strong>Honduras Prospera Inc.<\/strong>, will enable bitcoin bonds as a way to bring foreign direct investments into the country, Joel Bomgar, President of <strong>Honduras Prospera<\/strong>, an economic development platform, said.<\/li>\n<li>Madeira, an autonomous region of Portugal, will \u201cadopt bitcoin\u201d in this archipelago, according to the President of the Government of Madeira, Miguel Albuquerque. \u201cI believe in the future and I believe in bitcoin,\u201d Albuquerque said on stage at the conference. He added that his government will \u201ccontinue to work to create a fantastic environment for bitcoin in Madeira.\u201d<\/li>\n<li>New legislation focused on bitcoin and fintech more broadly will be proposed in the Mexican senate, Senator Indira Kempis from Mexico said. \u201cWe want to sit down with the president to talk about making bitcoin legal tender in Mexico,\u201d she added.<\/li>\n<\/ol>\n<p>Meanwhile, Mow also revealed his new company, <strong>JAN3<\/strong>, saying that it raised USD 21m at a USD 100m valuation. The company aims to build BTC infrastructure for El Salvador and Bitcoin city.<\/p>\n<p>____<br \/><strong><\/strong>\u00a0<br \/>&#8211; Game Theory of Bitcoin Adoption by Nation-States<br \/>&#8211; \u2018Developing Economies\u2019 Tracking El Salvador\u2019s Bitcoin Moves with Interest<\/p>\n<p>&#8211; Corporations &amp; Countries Watch and Learn From El Salvador&#8217;s Bitcoin Experiment<br \/>&#8211; Bitcoin Mass Adoption Would Benefit and Harm Current Economy<\/p>\n<p>&#8211;\u00a0 Bitcoin Is More \u2018Public\u2019 Money than Central Bank-Issued Fiat Currencies<br \/>&#8211; Why Fiat Currency Is More Confusing Than Crypto<\/p>\n<p>&#8211; Technically Capable Bitcoin Has Other Mass Adoption Challenges To Solve<br \/>&#8211; How Bitcoin &amp; Crypto Might Help Ease Wealth Inequality (Without Miracles)<br \/>___<br \/><i>(Updated at 16:10 UTC with details about JAN3.)<\/i><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Samson Mow during his presentation at Bitcoin 2022 today. Source: A video screenshot, Youtube\/Bitcoin Magazine\u00a0 \u00a0 The island of Roat\u00e1n in Honduras and Portugal\u2019s Madeira region are both set to \u201cadopt bitcoin,\u201d while a Mexican senator hinted that new talks about making bitcoin legal tender in this country about to begin. The announcements were made [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-10006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Honduras\u2019 Roat\u00e1n Island, Portugal\u2019s Madeira to \u2018Adopt Bitcoin\u2019, Mexican Senator Sends Bullish Sign Too | NFT &amp; Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/nft\/honduras-roatan-island-portugals-madeira-to-adopt-bitcoin-mexican-senator-sends-bullish-sign-too\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Honduras\u2019 Roat\u00e1n Island, Portugal\u2019s Madeira to \u2018Adopt Bitcoin\u2019, Mexican Senator Sends Bullish Sign Too | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"Samson Mow during his presentation at Bitcoin 2022 today. Source: A video screenshot, Youtube\/Bitcoin Magazine\u00a0 \u00a0 The island of Roat\u00e1n in Honduras and Portugal\u2019s Madeira region are both set to \u201cadopt bitcoin,\u201d while a Mexican senator hinted that new talks about making bitcoin legal tender in this country about to begin. 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