President of Madeira Miguel Albuquerque has refused to comply with the ending of Portugal's golden visa scheme in an interview with Diário de Notícias. He said:.
At a conference held in Miami, Madeira was showing a lot of interest in bitcoin. The president of Madeira Miguel Albuquerque showed optimistic interest in the cryptocurrency and told that he believes bitcoin is the future. To take the development a step further, he also vowed to create an atmosphere that suits bitcoin in his country. One person named Sampson who happens to be the Jan3 CEO went on to confuse the netizens that bitcoins will be adopted in the market. But later the confusion was to put to rest that Madeira will embrace and support bitcoins but will not adopt it. It is further believed that there is no such stance from Miguel to make bitcoin as a legal tender.