In a recent social media post, MicroStrategy co-founder Michael Saylor expressed that France “could use some Bitcoin.”
Sarah Knafo, a French politician who was elected to the European Parliament last year, recently met with Saylor. This development follows.
In her X post, Knafo has characterized Saylor as a “brilliant entrepreneur” and asserted that her conversation with the magnate encompassed the future of energy and Bitcoin.
France has become one of the most prominent crypto centres in Europe, consistently rating high in terms of adoption.
France was also one of the first countries in the world to formally regulate cryptocurrency, with the PACTE law identifying digital asset service providers as a distinct category of service providers.
France was the first major EU nation to begin accepting applications from cryptocurrency companies under the bloc’s MiCA framework last year.
During his address to the European Parliament in December, Knafo expressed his support for the establishment of Bitcoin reserves. The MP mentioned that the United States was contemplating the establishment of a strategic reserve using the most prominent cryptocurrency during her address.
Despite the fact that Knafo, who represents the French far-right, is hardly a representative of conventional European politics, the notion of nation-states investing in Bitcoin may no longer be considered eccentric.
According to U.Today, Christian Lindner, Germany’s former finance minister, recently expressed his belief that the European Central Bank (ECB) and Germany should diversify their reserves with Bitcoin.
MicroStrategy’s Saylor previously contended that the United States government should abandon gold in favor of Bitcoin.
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