National Bitcoin Strategic Reserve Proposal
Lawmakers are considering a bill that would allow the nation to accumulate two percent of Bitcoin’s total supply and create a national Bitcoin Strategic Reserve. The proposal, introduced by UDR and Eric Ciotti, outlines a plan for France to acquire about 420,000 Bitcoin over seven to eight years.
Strategic Reserve and Energy Plan
The proposal also encourages the use of nuclear and hydro power to mine Bitcoin, positioning the country to leverage its strong energy infrastructure for a new kind of economic asset. At the same time, one of Europe’s largest banking groups, BPCE, is launching crypto purchases for millions of customers, signaling that mainstream adoption may arrive faster than many anticipate.
🔴 EXCLUSIVE @TheBigWhale_: BPCE now lets customers buy crypto assets. Starting this Monday, the French bank’s customers will be able to purchase BTC, ETH, SOL, and USDC. @GroupeBPCE, one of Europe’s leading banks, is rolling out this service in a first…
The concept of a Bitcoin Strategic Reserve represents a significant shift in how governments perceive digital money. A reserve is a pool of valuable assets maintained for stability and long-term planning. By holding Bitcoin, France would be treating the asset not as a fleeting trend, but as a potential component of economic security.
The integration of nuclear and hydro power for mining adds another dimension to the plan. Mining is the fundamental process that sustains the Bitcoin network by enabling computers to secure it. France already relies heavily on nuclear power, which generates low carbon emissions, aligning the proposal with existing energy policies.
BREAKING: 🇫🇷 France considers bill to accumulate 2% of Bitcoin’s total supply and establish a Bitcoin Strategic Reserve. ⚡️ The bill from @partiudr @eciotti proposes the acquisition of 420,000 BTC over 7-8 years, as well as using nuclear and hydro power to mine Bitcoin.
Mainstream Crypto Adoption by BPCE
While the government deliberates on a national Bitcoin strategy, BPCE is actively introducing cryptocurrency to everyday users. Beginning this week, customers of four regional banks can purchase Bitcoin, Ether, Solana, and USDC directly within their standard mobile banking applications. These banks collectively serve approximately two million customers, with plans to extend the service to more regions through 2026. BPCE has stated its intention to observe user engagement with the feature before a full-scale rollout.
Broader Trends in Bank Crypto Adoption
Brian Armstrong, the founder of Coinbase, has noted that major banks are now embracing stablecoins due to their recognized long-term potential. According to Armstrong, these financial institutions are no longer hesitant about stablecoins; instead, they are eager to participate actively to avoid being sidelined as digital assets gain prominence.
Big banks are jumping on stablecoins because they see the future. The banks aren’t scared of stablecoins anymore, they want in before they get left behind. – @brian_armstrong (CEO Coinbase) $ETH / $BMNR
This evolving landscape signifies a substantial shift in how traditional finance perceives blockchain-based currencies, moving from a stance of caution to proactive engagement within the expanding cryptocurrency sector.