PANews reported on October 28th that French MP Éric Ciotti, along with the center-right UDR party, proposed a bill to purchase approximately 420,000 Bitcoins over the next seven to eight years, representing approximately 2% of the total supply. Funding would come from using nuclear and hydropower surpluses for national Bitcoin mining, disposing of seized crypto assets, and directing savings accounts to purchase BTC daily. If passed, France would become the first European country to include Bitcoin in its national reserves.
French lawmakers suggest the country purchase 420,000 BTC over the next 7 to 8 years
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