French MP Éric Ciotti and the center-right UDR party have introduced a bill proposing that France acquire 420,000 Bitcoins over the next seven to eight years. This acquisition would represent about 2% of Bitcoin's total supply. The plan suggests funding the purchase through national Bitcoin mining powered by nuclear and hydropower surpluses, selling seized crypto assets, and utilizing savings accounts for daily Bitcoin purchases. If enacted, France would be the first European nation to incorporate Bitcoin into its national reserves.
French Lawmakers Propose National Bitcoin Reserve Plan
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