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.
“Looking forward to starting a nation-state Bitcoin adoption wave in France and perhaps all of Europe,” 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 “friendly regulations” 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, “France must take hold of these issues.”
Knafo said she had “excellent discussions” with Mow. “An expert on Bitcoin adoption by states, who has advised the President of El Salvador and many others,” Knafo added.
In March 2022, Mow resigned from Adam Back’s 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 “visionary and ambitious.”
Bitcoin momentum builds in France
“We will soon have many projects for France and Europe,” 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 Europe’s first Bitcoin treasury firm, acquired 624 Bitcoin for 60.2 million euros ($68.7 million). The latest acquisition brings the firm’s total holdings to 1,471 Bitcoin.
Meanwhile, on March 27, France’s 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.”
“This hesitation reflects a deeper structural divide, rooted in regulation, institutional signaling and market maturity,” Fabrega said.
“Europe has yet to take a definitive stance on Bitcoin as a reserve asset,” Fabrega added.
MiCA, the European Union’s 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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