Sarah Knafo, a French Member of the European Parliament, recently held strategic discussions with Michael Saylor, founder of MicroStrategy and a prominent Bitcoin advocate, in Paris regarding Bitcoin's role as a potential reserve asset for France and broader European Union adoption.
The meeting underscores growing institutional interest and advocacy at the state level, focusing on integrating Bitcoin into national reserve strategies. Knafo's efforts and Saylor's corporate influence highlight increasing momentum to consider Bitcoin not just as a speculative asset but as a strategic financial tool within state treasuries.
Additionally, expert Samson Mow, known for advising states like El Salvador on Bitcoin adoption, participated in discussions, signaling possible wider legislative developments around cryptocurrency in Europe.
France's public sector has shown a rising confidence in digital asset investments, aligning with global trends such as El Salvador’s legal tender move. This suggests potential regulatory adjustments forthcoming in Europe to accommodate cryptocurrencies as official reserve components.
Overall, these interactions may catalyze broader policy changes throughout the EU, influencing traditional wealth management practices and promoting international dialogue on cryptocurrency integration.