Bitcoin Today News: France Plans to Set Up $48 Billion BTC Reserve; SoFi Announces Entry into the Encryption Field
The French National Assembly is reviewing a major proposal led by MP Éric Ciotti, planning to allocate approximately 48 billion USD (about 2% of the reserves) from the national reserves for a Bitcoin strategic reserve, aimed at enhancing national financial sovereignty and formally opposing the EU's digital euro agenda. If passed, France will become the first major economy in Europe to officially integrate Bitcoin into its central reserves. Driven by this favourable information and market optimism, the price of Bitcoin briefly broke through 115,500 USD; at the same time, the fintech giant SoFi announced that it will launch Bitcoin and crypto assets trading services by the end of 2025, and plans to introduce its stablecoin SoFi USD in early 2026, further promoting the mainstream adoption of crypto assets.