Bitcoin advocate Samson Mow, founder of Jan3, has been invited to France by lawmaker Sarah Knafo to discuss accelerating Bitcoin adoption across Europe. The talks will specifically focus on the potential establishment of a Strategic Bitcoin Reserve in France, a move that could set a significant precedent for the continent.
France is positioning itself as a leader in cryptocurrency adoption within Europe. This initiative follows notable private sector actions, such as Blockchain Group’s Bitcoin acquisition, and public sector investments, including Bpifrance’s €25 million commitment to blockchain projects.
Despite this momentum, regulatory challenges persist. Uncertainty surrounding the Markets in Crypto-Assets (MiCA) framework and institutional hesitancy remain key barriers hindering broader Bitcoin adoption throughout Europe.
The collaboration between Mow and French lawmakers aims to overcome these hurdles. Their discussions could inspire wider European adoption efforts, aligning with a global trend where nation-states explore for enhancing for enhancing financial sovereignty.
France’s increasing institutional involvement and strategic focus on Bitcoin signal a maturing cryptocurrency landscape. However, achieving widespread adoption still requires greater regulatory clarity and overcoming corporate hesitancy.