Samson Mow Promotes Bitcoin Adoption in Europe

Samson Mow, founder of JAN3, plans to push Bitcoin adoption across Europe following an invitation from French lawmaker Sarah Knafo.

Mow’s initiative could herald wider European Bitcoin adoption, potentially affecting institutional volumes and engagement.

Mow, formerly of Blockstream, aims to advance Bitcoin adoption in Europe. Following a key invitation from France, the strategy builds upon his prior success advising El Salvador. Mow expressed enthusiasm in targeting nation-state level changes in policy.

The focus on Bitcoin (BTC) arises after a surge in BTC/EUR trading volumes reported by Kraken, with France considering a Strategic Bitcoin Reserve. Institutional interest may increase as Bitcoin enters discussions within European public policy frameworks.

Immediate impacts include rising trading activity and broader market expectations. Kraken reported a 9% rise in daily Bitcoin volume, and the move has sparked discussions around national Bitcoin reserves in France, highlighting institutional interest.

Financial and political implications are considerable. Mow’s involvement has captured attention among French policymakers, signaling an intent to integrate Bitcoin into public policy. Such movements could pave the way for more European countries to follow.

Experts anticipate diverse outcomes as Mow’s previous advisory role in El Salvador’s Bitcoin strategy sets precedence. Institutional and governmental stakeholders are keenly observing possible policy implementations, with France’s initiative leading as a potential influencer in the European context.

“Looking forward to starting a nation-state Bitcoin adoption wave in France and perhaps all of Europe.” — Samson Mow, Founder, JAN3