Leaders from these 3 nations have confirmed Bitcoin adoption: Full report
The Bitcoin 2022 Conference, a four-day event that brings together investors and billionaires from around the world, has begun with some exciting news. At the conference, leaders of Mexico, Próspera, and Portugal's Madeira region announced BTC-friendly laws.
Bitcoin 2022 brings good news
Samson Mow, the former chief strategy officer of Blockstream who has made his focus to facilitate BTC adoption around the world, is known for being the strategist behind the approval of $1 billion in BTC bonds in El Salvador, which were recently postponed until September. Mow highlighted the "regulatory progress being made to encourage nation-state Bitcoin adoption" and brought out lawmakers from many states who plan on adopting BTC."I think now is the pivotal time in human history, and we need to move things forward fast. What we need is more nation-state bitcoin adoption," Mow said. "Every country, every jurisdiction, will have a unique path to bitcoin adoption. Legal tender is one way; another way is de facto legal tender."Firstly, Joel Bomgar, the president of Próspera, a new, privately-managed settlement in Honduras, confirmed the establishment of Bitcoin-friendly laws in the nation, while the president of Portugal's Madeira region confirmed that no income tax would be applicable to the investors in cryptocurrencies in the region. On the other hand, Indira Kempis, a senator in Mexico, has pointed out that she has planned to introduce legislation to confirm Bitcoin as legal tender in the nation.
Jan 3
Mow has also confirmed the formation of a new firm named Jan 3 in reference to the launch of the Bitcoin network and added that the firm had raised a whopping $21 million at a $100 million valuation. After revealing this firm which focuses on BTC adoption, Mow brought legislators to the stage. Kempis took the stage and added:"In two months, we [will] propose legislation to modify regulations in fintech and in money title law… We have a message for our president: We are looking forward to sitting down and getting coffee with you to talk about this plan, Bitcoin as legal tender in Mexico."
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