Samson Mow Pushes Bitcoin in Europe After France’s Invitation

France inviting Samson Mow underscores a remarkable shift in Bitcoin’s institutional legitimacy. Mow, previously a Blockstream strategist and current head of JAN3 , is well-recognized for fostering Bitcoin adoption. His focus remains on enhancing Bitcoin’s integration into European financial systems, starting with France.

Samson Mow, CEO of JAN3, says, “The official invitation from French lawmaker Sarah Knafo highlights a decisive move towards adopting Bitcoin policies, which could pave the way for public-private partnerships in the crypto sector.”: BLOCKCHAIN.NEWS

The official invitation from French lawmaker Sarah Knafo at a national level highlights a concerted effort to engage Bitcoin as a viable financial instrument. Trading volumes of BTC/EUR surged by 9%, indicating market optimism stemming from governmental and institutional support.

The BTC/EUR trading volume on exchanges like Kraken exceeded $3.2 billion, showcasing a significant financial engagement. The initiative primarily targets Bitcoin, excluding altcoins and underlining Bitcoin’s unique status in nation-state financial systems.

The involvement of France in Bitcoin initiatives is reminiscent of El Salvador’s adoption of Bitcoin in 2021, sparking price hikes and increased trading activities. With historical references, France might leverage Bitcoin to drive its digital economic strategy within a European context.

Potential benefits may include integrating Bitcoin into daily transactions via the Lightning Network, enhancing real-world applications. France’s European Bitcoin initiative could yield new regulatory frameworks , impacting technological adoption and expanding industry standards related to cryptocurrency.