Jan3 founder Samson Mow is setting his sights on ramping up Bitcoin nation-state adoption in Europe following a positive meeting with pro-Bitcoin French lawmaker Sarah Knafo.
โLooking forward to starting a nation-state Bitcoin adoption wave in France and perhaps all of Europe,โ Mow said in an X post on Saturday, following his meeting with Sarah Knafo, a French member of the European Parliament, at BTC Prague this week. They discussed plans to develop a Strategic Bitcoin (BTC) Reserve for France and promote โfriendly regulationsโ for the asset.
Mow to visit France to discuss Bitcoin further
Mow said Knafo has invited his team to France. On the same day, Knafo addressed the meeting with Mow on her X account, stating, โFrance must take hold of these issues.โ
Knafo said she had โexcellent discussionsโ with Mow. โAn expert on Bitcoin adoption by states, who has advised the President of El Salvador and many others,โ Knafo added.ย
In March 2022, Mow resigned from Adam Backโs firm, Blockstream, to focus on bolstering nation-state Bitcoin adoption by launching JAN3.
Knafo also met with Strategy executive chairman Michael Saylor, who she said was โvisionary and ambitious.โย
Bitcoin momentum builds in France
โWe will soon have many projects for France and Europe,โ Knafo said.
The invitation comes as France continues to expand its involvement with Bitcoin in both the public and private sectors.
On June 3, Paris-based cryptocurrency firm Blockchain Group, which claims to be Europeโs first Bitcoin treasury firm, acquired 624 Bitcoin for 60.2 million euros ($68.7 million). The latest acquisition brings the firmโs total holdings to 1,471 Bitcoin.
Meanwhile, on March 27, Franceโs state-owned bank Bpifrance said it will spend 25 million euros ($27 million) buying cryptocurrencies that support local crypto and blockchain projects.
Concerns about crypto adoption rate in Europe
However, some crypto executives have recently expressed concerns that Europe’s crypto adoption has been lagging compared to the rest of the world.
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On March 29, Elisenda Fabrega, general counsel at Brickken, a European real-world asset (RWA) tokenization platform, told Cointelegraph, “European corporate adoption remains limited.โ
โThis hesitation reflects a deeper structural divide, rooted in regulation, institutional signaling and market maturity,โ Fabrega said.
โEurope has yet to take a definitive stance on Bitcoin as a reserve asset,โ Fabrega added.
MiCA, the European Unionโs regulatory framework for crypto-assets, was proposed in September 2020, adopted in May 2023, and was fully enforced in December 2024.
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