Samson Mow introduces new nation-state adoption for crypto in Bitcoin 2022
Speaking at the Bitcoin 2022 conference in Miami, Samson Mow, former chief strategy officer of Blockstream, named three new jurisdictions that would be adopting or proposing to adopt Bitcoin (BTC) as legal tender. As told by Mow, the first is that of the Caribbean island Roatán, which is part of Honduras. Honduras Prospera Inc. is the organizer and promoter of the jurisdiction. The entity's president, Joel Bomgar, told the audience:
In addition, Bomgar announced that starting today, the Propsera jurisdiction will enable municipalities in Honduras and corporate entities outside of the U.S. to float Bitcoin bonds within Prospera. Furthermore, accredited investors, meaning U.S. residents who qualify for a high net worth or income threshold, can also directly invest in Honduras Prospera Inc. and receive securitized equity tokens.
The next jurisdiction to make Bitcoin legal tender is that of Madeira, an autonomous region of Portugal. Miguel Albuquerque, President of the Regional Government of Madeira, said that "Individuals in Maderia are not subject to capital gains taxes when buying and selling Bitcoin," while also touting the region's 5% corporate tax rate in its Free Trade Zone as one of the lowest in Europe.
Finally, Mexican Senator Indira Kempis floated the possibility of legislating Bitcoin as legal tender with the Mexican president, in-line with earlier claims, commenting:
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