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- Welcome Kevin_Lee to the Gate Square! 🎉
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👉 Post: https://www.gate.com/post/status/11758920
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The French Parliament rejected the proposal related to Bitcoin mining.
According to TechFlow news on June 19, reported by Bitcoin.com News, the French National Assembly rejected the proposal to discuss using Bitcoin mining as a potential direction for France's energy surplus. The proposal was dismissed for procedural reasons and did not enter the substantive discussion stage.
This proposal aims to assess "the conditions for developing Bitcoin mining activities in France, using it as a tool to utilize surplus electricity production, stabilize the power grid, and optimize nuclear power plant operations". If approved, France will become one of the few countries, following El Salvador and Bhutan, to incorporate Bitcoin mining into its national energy strategy.
According to local media reports, the proposal may have been rejected because it was considered to contain content not directly related to the subject of the bill. Since the rejection only involved issues of the proposal's form, theoretically, a more concise amendment could be submitted in the future. However, analysts believe that due to Bitcoin Mining still being viewed as an environmental disaster in France, the likelihood of similar proposals being approved in the short term is low.