France Proposes National Bitcoin Reserve: Acquire 2% of the Global Supply
On October 29, France announced plans to create a strategic Bitcoin reserve, purchasing up to 2% of the total supply (around 420,000 BTC) and allowing tax payments in crypto. This initiative aims to position the country as a leader in digital assets, inspiring debates in Europe and Latin America about government adoption. The announcement coincided with a feeling of "fear" in the market (34%-42%), but reinforced the perception of BTC as "digital gold."
Source: BitFinanzas