Cryptocurrency License in MADEIRA
The United States of America are the most attractive state for doing business. However, given significant differences in legal regulation depending on the state, a lot of projects experience significant difficulties when operating in the United States.
A small town called Madeira, or Madeira Beach, geographically is a part of the Florida state. The local municipality has not clear regulatory position for: Bitcoin circulation is allowed and the need for licensing is not defined. The license for cryptocurrency in Madeira is not required, and therefore the city has favourable conditions for the cryptocurrency operations development. Having declared Madeira the first city in the world, which officially adopted Bitcoin, the city administration went far beyond this slogan, taking several stimulating steps in the field of taxation and social life. Putting aside for some time the thought that there can be a need for cryptocurrency license in Madeira in the nearest future, due to centralized changes in the legal regulation of cryptocurrency in the United States, the range of services, which accept payment in cryptocurrency has significantly increased. From payment for coffee to real estate services.