
France and Germany Propose National Bitcoin Reserves
Political factions in France and Germany have proposed establishing national Bitcoin reserves, signaling a major potential shift in sovereign asset strategy.
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Political factions in France and Germany have proposed establishing national Bitcoin reserves, signaling a major potential shift in sovereign asset strategy.

The EUR/USD pair is subdued near 1.1660 after S&P downgraded France's credit rating to A+, while the US Dollar faces pressure from a 19-day government shutdown.

The battle over raising France's retirement age from 62 to 64 continues, despite reduced protests. President Macron faces ongoing opposition from unions and left-wing parties.

A top French union leader is calling for a complete overhaul of the nation's pension system, as a political crisis renews debate over the unpopular 2023 reform.

France is the only developed country where retirees earn more than workers, a situation fueling a €3.4 trillion national debt and intense political debate.