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France's far-right party drafts Bitcoin mining bill using surplus nuclear power
The far-right populist party National Rally (RN) in France is drafting a bill for Bitcoin (BTC) mining that utilizes surplus electricity from nuclear power plants, reported the French newspaper Le Monde last week. Party leader Marine Le Pen expressed support for the idea of using surplus electricity for Bitcoin mining during a visit to the Flamanville nuclear plant in March.
The plan involves installing high-performance computers directly at nuclear power sites and utilizing surplus energy for Bitcoin mining. RN member Aurélien Lopez-Rigau stated that he is drafting a bill for presentation to the parliament as a "safe and high-yield solution."
This proposal indicates a dramatic policy shift by the National Rally towards virtual currency. Mr. Le Pen had called for a ban on virtual currency in 2016, labeling it as a "tool for the elite and Wall Street," but by 2022, his stance shifted to supporting regulation, and by 2025, he expressed direct support for virtual currency production.
Mr. Le Pen has been considered a strong candidate for the presidential election in 2027, but he was convicted of misappropriation of public funds in March, resulting in the suspension of his eligibility to run for office. Within the party, concerns remain about the abandonment of state currency control, and senior official Jean-Philippe Tangy has expressed caution regarding "currency independence."
Recently, it has been reported that the cooperation between far-right politicians and cryptocurrency entrepreneurs in France has deepened, with Eric Larchevêque of the cryptocurrency wallet Ledger attending far-right events. Industry groups are warning that the politicization of cryptocurrency is advancing due to the left's withdrawal from the discussion in France, and that leaving the debate to the far-right poses a risk of biasing public opinion.
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