France Unveils $48 Billion Bitcoin Reserve Plan for National Holdings

France is planning to invest in Bitcoin, proposing a $48 billion plan to acquire 420,000 BTC for its national reserves. This initiative would establish the first Bitcoin Strategic Reserve in Europe and diversify France’s financial holdings. The program outlines a seven-to-eight-year acquisition strategy with public savings accounts and nuclear-powered mining used as funding sources. The legislation also seeks to promote euro-backed stablecoins and tax exemptions for small crypto transactions, under €200 per day.