French lawmakers suggest that the country purchase 420,000 BTC over the next 7 to 8 years

ChainCatcher news, French MP Éric Ciotti, in conjunction with the center-right party UDR, has proposed a bill suggesting that the country purchase approximately 420,000 bitcoins over the next 7 to 8 years, accounting for about 2% of the total supply. The funding sources include utilizing surplus from nuclear and hydroelectric power for national-level bitcoin mining, disposing of seized crypto assets, and guiding savings account funds to purchase BTC daily.

If passed, France will become the first European country to incorporate bitcoin into its national reserves.