According to TechFlow, on June 22, French MEP Sarah Knafo invited Jan3 founder Samson Mow to visit France to discuss plans to establish a strategic Bitcoin reserve and promote friendly regulation. Mow said he looks forward to setting off a national Bitcoin adoption wave in France and across Europe. This move comes against the backdrop of increasing participation in Bitcoin in France's public and private sectors, including the announcement by French state-owned bank Bpifrance of a $27 million investment to support local crypto projects, and the increase in Bitcoin holdings by Europe's first Bitcoin treasury company Blockchain Group to 1,471.