Bitcoin advocate Samson Mow aims for widespread European adoption. French politician Sarah Knafo recently extended him a key invitation. They met decisively at the BTC Prague conference. Following this, Mow plans to visit France soon. He seeks to ignite a nation-state Bitcoin wave. “Looking forward to starting a nation-state Bitcoin adoption wave in France and perhaps all of Europe,” Mow declared enthusiastically on social media. Knafo confirmed their “excellent discussions” publicly. She called Mow an expert advising national leaders. Mow founded Jan 3 specifically for this adoption mission.
France Accelerates Bitcoin Engagement
France actively deepens its Bitcoin involvement currently. Knafo stated France must “take hold of these issues”. She promised numerous upcoming projects nationally and continentally. On the other hand, Paris-based Blockchain Group made a major move. They acquired 624 Bitcoin for €60.2 million recently. This purchase boosts their total holdings significantly. Previously, state-owned bank Bpifrance committed €25 million too. They will buy crypto supporting local blockchain projects. These actions signal growing institutional interest clearly.
Europe Faces Adoption Hesitation
However, Europe’s overall crypto adoption lags globally. Some executives voice persistent concerns openly. Brickken’s Elisenda Fabrega highlighted limited corporate uptake. “European corporate adoption remains limited,” Fabrega said. She cited regulatory uncertainty and market maturity issues. “Europe has yet to take a definitive stance on Bitcoin as a reserve asset,” Fabrega added significantly. The EU’s MiCA framework is now fully enforced. Nevertheless, regulatory clarity remains a challenge continentally.
Strategic Reserve and Future Talks
Mow and Knafo focused discussions strategically. They explored creating a French Bitcoin reserve fund. Promoting “friendly regulations” was another key priority. Knafo also met (Micro) Strategy’s Michael Saylor separately. She praised his “visionary and ambitious” outlook. Furthermore, Mow dedicated Jan. 3 to scaling Bitcoin infrastructure. Ultimately, their collaboration could spark broader European momentum. Success hinges crucially on navigating complex regulations. France potentially leads this financial evolution continentally.
Written By Fazal Ul Vahab C H
