Global Legislators Announce Pro Bitcoin Legislation Today

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Samson Mow, the former chief strategy officer of Blockstream who stepped down in March to focus on “nation-state Bitcoin adoption,” brought legislators from around the world on stage at Bitcoin 2022 to highlight regulatory progress being made to encourage nation state Bitcoin adoption.

Joel Bomgar, the president of Próspera, an “economic development hub” located in Honduras, described favorable tax regulations being established there; Miguel Filipe Machado de Albuquerque, the president of Portugal’s Madeira region announced that bitcoin investors will pay no personal income taxes there; and Indira Kempis, a senator in Mexico, announced that she plans to propose regulation there to recognize bitcoin as legal tender.

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