- Samson Mow met with French lawmaker Sarah Knafo to discuss Bitcoin adoption at the national level in France and Europe.
- The meeting focused on plans for a Strategic Bitcoin Reserve for France and calls for favorable regulations.
- Knafo invited Mow and his team to France for further discussions on potential projects.
- France has recently seen increased activity in both public and private Bitcoin investments.
- Concerns remain over slower corporate Bitcoin adoption in Europe compared to other regions.
Jan3 founder Samson Mow met with French lawmaker Sarah Knafo this week in Prague. The meeting aimed to explore ways for France, and potentially Europe, to adopt Bitcoin on a national level.
Mow said discussions centered on creating a Strategic Bitcoin Reserve for France and implementing friendlier regulations for the cryptocurrency. Knafo confirmed on her X account that she invited Mow’s team to visit France to continue talks. Knafo described the meeting as "excellent" and highlighted Mow’s experience advising other national leaders on Bitcoin adoption.
Knafo also met with Michael Saylor, executive chairman of MicroStrategy, calling him "visionary and ambitious" on her X account. She stated that new projects for Bitcoin in France and Europe are expected soon.
Recent activities show growing interest in Bitcoin within France. Paris-based Blockchain Group, a self-described Bitcoin treasury company, purchased 624 Bitcoin for $68.7 million in early June, bringing its total holdings to 1,471 Bitcoin. In March, the government-owned Bpifrance bank announced a $27 million investment in cryptocurrencies to support local blockchain projects.
Despite these moves, some industry leaders remain concerned about slow corporate adoption of Bitcoin in Europe. Elisenda Fabrega of Brickken, a tokenization platform, noted that "European corporate adoption remains limited" due to regulatory uncertainty and overall market hesitancy. According to Fabrega, Europe has not yet taken a clear stance on using Bitcoin as a reserve asset.
The European Union’s crypto regulatory framework, MiCA (Markets in Crypto-Assets), was fully enforced in December 2024 after being proposed in 2020 and adopted in May 2023.
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