The announcements were made by Miguel Albuquerque, who were brought to the stage of the Bitcoin 2022 conference in Miami today by Samson Mow, a former chief strategy officer at bitcoin development firm Blockstream who currently works on bitcoin nation-state adoption.

Madeira, an autonomous region of Portugal, will “adopt bitcoin” in this archipelago, according to the President of the Government of Madeira, Miguel Albuquerque. “I believe in the future and I believe in bitcoin,” Albuquerque said on stage at the conference. He added that his government will “continue to work to create a fantastic environment for bitcoin in Madeira.”