MicroStrategy co-founder Michael Saylor has acknowledged that France “may use some Bitcoin” in his latest social media publish.
This comes after Saylor lately had a gathering with French politician Sarah Knafo, who grew to become a member of the European Parliament final yr.
Knafo has described Saylor as a “good entrepreneur” in her X publish, claiming that her dialogue with the billionaire targeted on the way forward for Bitcoin and power.
Europe’s main crypto hub
France has emerged as one in all Europe’s main crypto hubs, constantly rating excessive by way of adoption.
France was additionally among the many first international locations on this planet to really regulate crypto, with the PACTE legislation singling out digital property service suppliers as a separate group of service suppliers.
Final yr, France additionally grew to become the primary main EU financial system to begin accepting functions from cryptocurrency corporations below the bloc’s MiCA framework.
Endorsing Bitcoin reserves
In December, Knafo endorsed the concept of making Bitcoin reserves whereas addressing the European Parliament. Throughout her deal with, the MP recalled that the U.S. was contemplating making a strategic reserve with the main cryptocurrency.
Despite the fact that Knafo, who represents the French far-right, hardly represents mainstream European politics, the concept of nation-states investing in Bitcoin won’t be fringe anymore.
As reported by U.Right this moment, Christian Lindner, Germany’s former finance minister, lately opined that each Germany and the European Central Financial institution (ECB) ought to think about diversifying their reserves with Bitcoin.
Earlier, MicroStrategy’s Saylor argued that the U.S. authorities ought to ditch gold in favor of Bitcoin.
