Catenaa, Monday, June 23, 2025-Bitcoin advocate Samson Mow believes France could spearhead nation-state adoption of Bitcoin in Europe after meeting with French lawmaker Sarah Knafo during the BTC Prague conference.
Mow, founder of Bitcoin infrastructure firm Jan3, met Knafo to discuss developing a strategic Bitcoin reserve for France and shaping favorable regulations. The meeting marks a significant push by Mow to replicate nation-state strategies like El Salvador’s, where he previously advised on Bitcoin integration.
On social media, Mow said he is “looking forward to starting a nation-state Bitcoin adoption wave in France and perhaps all of Europe.”
Knafo, a member of the European Parliament and vocal Bitcoin supporter, echoed the vision. Calling Mow an expert in sovereign Bitcoin strategy, she said France must seize leadership in this space and teased forthcoming projects for France and the broader region.
Momentum is already building in France’s public and private sectors. Paris-based Blockchain Group recently purchased 624 BTC, raising its holdings to 1,471 BTC. In March, state-run bank Bpifrance allocated €25 million to crypto investments, signaling government openness.
However, critics say the EU’s Markets in Crypto-Assets (MiCA) framework lacks clarity on Bitcoin’s role as a sovereign asset. Despite full enforcement since December 2024, no EU member state has formally adopted Bitcoin for reserves.
Meanwhile, U.S. crypto exchanges Gemini and Coinbase are expanding in Europe, securing regulatory licenses in Malta and Luxembourg. Some regulators question the speed of such approvals, though both countries defend their compliance standards.
Analysts say that France’s potential shift toward sovereign Bitcoin adoption could reshape European crypto policy.
