French MP Urges EU to Consider Bitcoin Over Central Bank Digital Currency

By BXXI | B Writes | 24 Jun 2025


French Member of Parliament Sarah Knafo is urging the European Union to consider adopting Bitcoin as a strategic reserve.  Knafo is currently making these calls after meeting with Strategy's Michael Saylor and Jan3's Samson Mow to discuss the future of Bitcoin adoption at a sovereign level.  Such a meeting underscores how sovereign nations are paying attention to how Bitcoin is being adopted at a corporate level, and the success a corporate like Strategy is having, as well as noting how people like Mow have worked with sovereigns like El Salvador adopting a Bitcoin standard. 

NEW: 🇪🇺 SARAH KNAFO, MEMBER OF THE EUROPEAN PARLIAMENT MET PROMINENT BITCOIN ADVOCATES AT #BTCPrague
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— Roxom TV (@RoxomTV) June 22, 2025

Knafo's support of a strategic Bitcoin reserve is a sign of direct opposition with the EU Central Bank's plan for a Central Bank Digital Currency, a currency that governments could monitor, control, or block certain purchases.  Such a currency could be used as a "social credit" where one may only send/receive money if they are compliant acceptable behaviors, and could be programmed where holders may lose money should the government or banks deem it necessary to use depositors funds.

This call comes shortly after France rejected a Bitcoin mining proposal that would have studied “the conditions for developing Bitcoin mining activities in France, as a tool for exploiting surplus electricity production, stabilizing the network and optimizing the operation of the nuclear fleet,” and put France at the forefront of nation state mining adoption, being one of the only countries along with El Salvador and Bhutan to use mining as part of their energy strategy.

Knafo's proposal is still in its infant stages and has not yet received formal backing from other embers of European Parliament of national governments, but now that it is out there, governments must start to take Bitcoin seriously given the growing adoption and success by retail and businesses.  It also signals how even politicians are recognizing how Bitcoin is a tool for financial and economic independence away from institutional dependence.

 

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B

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BXXI
BXXI

Interested in Bitcoin adoption, culture, and psychology of money.


B Writes
B Writes

I like Bitcoin, psychology, games, and whatever I find interesting at the moment

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