Bitcoin Magazine

France Proposes National Bitcoin Reserve, Wants to Buy 2% of Bitcoin Supply

A pro-crypto bill will be tabled today in the French Parliament by the center-right Union of the Right and Centre (UDR) party, led by lawmaker Éric Ciotti, marking the first time such a comprehensive legislative proposal on cryptocurrency has been introduced in France. 

The initiative calls for a national Bitcoin Strategic Reserve and aims to position the cryptocurrency as a form of “digital gold” to strengthen financial sovereignty.

The proposed legislation would see France aim to acquire up to 2% of Bitcoin’s total supply — roughly 420,000 BTC — over the next seven to eight years, according to journalist Gregory Raymond.

To manage the reserve, the bill envisions the creation of a Public Administrative Establishment (EPA), similar in structure to France’s gold and foreign-currency holdings.

Funding for the Bitcoin reserve would come from multiple sources. Surplus nuclear and hydroelectric energy would power public Bitcoin mining operations, with adapted taxation for miners to encourage domestic participation.

BREAKING: French politician Éric Ciotti introduced a bill to adapt “the new monetary order by embracing Bitcoin and crypto.” pic.twitter.com/fS7ILfhPq3

— Bitcoin Magazine (@BitcoinMagazine) October 28, 2025

Back in July, French lawmakers submitted a proposal to convert surplus electricity into economic value through Bitcoin mining. The bill outlined a five-year experimental program allowing energy producers to use excess power — particularly from nuclear and renewable sources — for mining. 

The July initiative aimed to tackle France’s recurring issue of energy overproduction, as producers were often forced to sell surplus electricity at a loss due to limited storage. The proposal described this as an “unacceptable economic and energy loss.” 

This new bill would also allow France to retain crypto seized during legal proceedings, and a quarter of funds collected via popular savings schemes, such as the Livret A and LDDS, would be allocated to daily Bitcoin purchases — approximately 15 million euros per day, or 55,000 BTC per year. 

Pending constitutional approval, citizens could also pay certain taxes in Bitcoin.

France explores stablecoins for payments

The bill also emphasizes the use of euro-denominated stablecoins for everyday payments, recognizing them as a credible alternative to traditional payment networks. 

Transactions under €200 would be exempt from taxation and social contributions, and payment of taxes in euro stablecoins would be allowed. 

The proposal explicitly opposes a European Central Bank-controlled digital euro, arguing that a centralized CBDC could threaten financial freedoms and personal privacy.

To support industry development, the legislation proposes adapting electricity taxation for mining through a progressive excise duty and flexible tariffs for data centers. It also encourages institutional adoption of Bitcoin and other crypto-assets via Exchange Traded Notes (ETNs) and calls for revisions to European prudential rules, which currently impose high risk-weightings on certain crypto-assets, limiting the use of crypto as collateral for “Lombard” loans.

Despite its ambitious scope, the bill faces steep political hurdles. The UDR holds only 16 of 577 seats in the National Assembly, making adoption unlikely without broader support, per Raymond. 

This post France Proposes National Bitcoin Reserve, Wants to Buy 2% of Bitcoin Supply first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

As the saying attributed to P.T. Barnum goes, "There is no such thing as bad publicity." German company Böcker certainly subscribes to the view after turning a press photo of one of its ladders used in the daring Louvre Museum heist into a viral marketing campaign.

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Travel Chaos as Air France and British Airways Cancel 11 Flights Due to Bad Weather, Stranding Passengers at Airports in France, the Netherlands, and the UAE – Get the Full List of Affected Flights and What You Can Do Next

Bad weather conditions have forced major airlines, including Air France and British Airways, to cancel several flights, causing significant disruption for passengers. Affected cities, airports, and travel routes are dealing with the aftermath of these cancellations, which have had a ripple effect on both local tourism and international travel. The airlines have cited weather conditions as the main reason for the cancellations, leaving passengers stranded and scrambling to adjust their travel plans.

Air France Flight Cancellations

Air France has also had its share of cancellations, particularly from its main hub at Charles de Gaulle Airport in Paris. The airline canceled a series of flights across different regions, disrupting not only local travel but also international connections.

Affected Flights by Air France

The following flights from Air France have been canceled due to weather-related issues:

Flight Number	Aircraft Type	Origin	Destination	Scheduled Departure Time
AFR1077	A320	Menara Int’l (RAK / GMMX)	Charles de Gaulle/Roissy (CDG / LFPG)	Sun 02:20PM +01
AFR1651	BCS3	Amsterdam Schiphol (AMS / EHAM)	Charles de Gaulle/Roissy (CDG / LFPG)	Sun 04:00PM CET
AFR1000	A318	Charles de Gaulle/Roissy (CDG / LFPG)	Adolfo Suárez Madrid-Barajas (MAD / LEMD)	Mon 07:10AM CET
AFR1896	BCS3	Charles de Gaulle/Roissy (CDG / LFPG)	Mohammed V Int’l (CMN / GMMN)	Mon 07:20AM CET
AFR1827	E190	Amsterdam Schiphol (AMS / EHAM)	Stuttgart Echterdingen (STR / EDDS)	Mon 08:10AM CET
AFR1828	E190	Stuttgart Echterdingen (STR / EDDS)	Amsterdam Schiphol (AMS / EHAM)	Mon 09:55AM CET
AFR1001	A318	Adolfo Suárez Madrid-Barajas (MAD / LEMD)	Charles de Gaulle/Roissy (CDG / LFPG)	Mon 10:10AM CET
AFR728	A359	Charles de Gaulle/Roissy (CDG / LFPG)	N’Djili Int’l (FIH / FZAA)	Mon 10:50AM CET
AFR1897	BCS3	Mohammed V Int’l (CMN / GMMN)	Charles de Gaulle/Roissy (CDG / LFPG)	Mon 11:35AM +01

Key Affected Airports by Air France

The following airports have been significantly impacted by these cancellations:

• Charles de Gaulle Airport (CDG), Paris, France: This major international hub was the starting point for many of the affected flights.
• Amsterdam Schiphol Airport (AMS), Amsterdam, Netherlands: Both departures and arrivals were affected by the cancellations.
• Adolfo Suárez Madrid-Barajas Airport (MAD), Madrid, Spain: Several inbound flights to this airport faced disruption.
• Mohammed V International Airport (CMN), Casablanca, Morocco: Flights to and from this airport were also disrupted.
• Stuttgart Echterdingen Airport (STR), Stuttgart, Germany: Flights traveling to and from this airport were canceled.
• N’Djili International Airport (FIH), Kinshasa, Democratic Republic of Congo: One of the affected destinations for Air France flights.

Key Affected Routes and Cities for Air France

Air France has canceled flights on several critical routes, with major cities affected. These routes include:

• Paris (CDG) to Menara Int’l (RAK): Flights from Paris to Marrakesh were canceled.
• Paris (CDG) to Amsterdam (AMS): There were cancellations on the route between Paris and Amsterdam.
• Paris (CDG) to Madrid (MAD): Flights connecting Paris to Madrid also faced cancellations.
• Paris (CDG) to Casablanca (CMN): The route between Paris and Casablanca was another affected service.
• Paris (CDG) to Kinshasa (FIH): This long-haul route was also impacted.
• Amsterdam (AMS) to Stuttgart (STR): The Amsterdam to Stuttgart route was affected.

British Airways Flight Cancellations

Similarly, British Airways has also canceled a significant number of flights due to weather disturbances. The cancellations have been largely concentrated around London Heathrow Airport, one of the airline’s busiest hubs.

Affected Flights by British Airways

The following British Airways flights were canceled:

Flight Number	Aircraft Type	Origin	Destination	Scheduled Departure Time
BAW107	A388	London Heathrow (LHR / EGLL)	Dubai Int’l (DXB / OMDB)	Mon 12:45PM GMT
BAW106	A388	Dubai Int’l (DXB / OMDB)	London Heathrow (LHR / EGLL)	Tue 02:25AM +04

Key Affected Airports by British Airways

The cancellations affected these key airports:

• London Heathrow Airport (LHR), London, UK: This major hub was disrupted with cancellations.
• Dubai International Airport (DXB), Dubai, UAE: Flights from Dubai to London were among those canceled.

Key Affected Routes and Cities for British Airways

British Airways canceled flights between:

• London Heathrow (LHR) and Dubai (DXB): This crucial route for business and tourism was among those disrupted.

Impact on Passengers

The cancellation of flights has created considerable disruption for passengers. Many travelers are now stranded at airports, waiting for rebooked flights or trying to find alternate means of travel. This has led to increased pressure on airline customer service centers, which are working to accommodate affected passengers with alternate routes, lodging, and compensation.

Tips for Passengers

Passengers who have had their flights canceled can take the following steps to overcome the situation:

• Check for rebooking options: Airlines typically offer rebooking on the next available flight.
• Request refunds or compensation: Passengers may be entitled to compensation or a full refund, depending on the airline’s policies.
• Stay updated on flight status: Check the airline’s website or mobile app for real-time updates on cancellations.

Impact on Local Tourism

Cancellations have a considerable impact on local tourism, particularly in cities that are major tourist destinations. In China, the cancellation of international flights has reduced the flow of international visitors, which has led to losses in tourism revenue. However, local tourism within China has not been as severely impacted.

Key Areas Affected

Air France:

• France
• Netherlands
• Spain
• Morocco
• Germany
• Democratic Republic of Congo

British Airways:

• United Kingdom
• United Arab Emirates

Conclusion

Though flight cancellations often disrupt travel plans, there is hope for recovery. Airlines and airports have systems in place to manage such disruptions. In the future, better forecasting and weather response systems can help mitigate these challenges. The tourism industry, especially in impacted countries like China, may need to focus on enhancing local tourism while international travel recovers.

Source: FlightAware

Disclaimer: The information provided is sourced from FlightAware and airport websites. We do not guarantee its accuracy and have no intention to harm or malign any airlines. If you notice any discrepancies, please contact us at pr@travelandtourworld.com

The post Travel Chaos as Air France and British Airways Cancel 11 Flights Due to Bad Weather, Stranding Passengers at Airports in France, the Netherlands, and the UAE – Get the Full List of Affected Flights and What You Can Do Next appeared first on Travel And Tour World.

MiThe Mitsubishi ASX sold in New Caledonia is not the European model.

Continuing social unrest means New Caledonian new car sales freefall again through September at -23.3% to 2,487 units. Keep in mind the year-ago volume was already off -48.7% on the year prior. Toyota (-41.7%) falls markedly faster than the market, seeing its share reduced to 14%. In contrast Renault (-7.6%) and Suzuki (-13.2%) resist relatively well in context and complete the podium like they did over the Full Year 2024. Hyundai (+1.1%) is the only gainer in the Top 8 and climbs four spots to #4. Dacia (-45.3%) and Peugeot (-30.1%) are hit the hardest below but Mitsubishi (+22.1%) and Subaru (+21.3%) post market-defying surges to close out the Top 10. BAIC (+94.7%), Fiat (+54.2%) and BYD (+15.4%) also impress further down.

Over in the models charts, the Toyota Hilux (-51.6%) stays on top but loses over half its year-ago volume. It is followed this time by the Suzuki Swift (-9.3%) passing the Dacia Duster (-31.5%). The Ford Ranger (+11.8%) is actually up to #4 while the Mitsubishi ASX (+64.5%) and Renault Kangoo (+9.4%) also post year-on-year upticks in the remainder of the Top 10. The Renault Master (-3.4%), Hyundai Tucson (-7.5%) and Suzuki Jimny (-10.3%) resist but the Citroen Berlingo (-28.8%) dives.

Previous post: New Caledonia (France) First Half 2025: Market down -41.1%, Subaru (+1.4%) island of growth

One year ago: New Caledonia (France) January-September 2024: Dacia (-14.2%) resists in devastated market (-48.7%)

Full Top 45 All brands and Top 30 models below.

New Caledonia (France) January-September 2025 – brands:

Pos	Brand	1-9 2025	%	/24	FY24
1	Toyota	399	14.0%	– 41.7%	1
2	Renault	255	11.0%	– 7.6%	2
3	Suzuki	223	7.4%	– 13.2%	3
4	Hyundai	181	6.5%	+ 1.1%	8
5	Ford	169	7.5%	– 5.1%	7
6	Citroen	166	7.4%	– 16.2%	6
7	Peugeot	146	6.5%	– 30.1%	5
8	Dacia	122	5.1%	– 45.3%	4
9	Subaru	97	4.5%	+ 21.3%	10
10	Mitsubishi	94	3.7%	+ 22.1%	12
11	Kia	64	2.7%	– 55.9%	9
12	Nissan	52	2.1%	– 40.2%	11
13	Changan	49	2.0%	+ 0.0%	16
14	BYD	45	1.9%	+ 15.4%	17
15	BAIC	37	1.8%	+ 94.7%	23
16	Fiat	37	1.2%	+ 54.2%	24
17	Mercedes	35	1.2%	– 22.2%	15
18	Isuzu	33	1.5%	– 48.4%	14
19	Opel	31	0.6%	– 3.1%	19
20	MG	29	1.1%	– 56.7%	13
21	Geely	23	0.8%	– 25.8%	20
22	Dongfeng	22	1.3%	– 8.3%	21
23	BMW	19	0.9%	– 26.9%	22
24	Chevrolet	18	0.8%	+ 125.0%	34
25	Land Rover	13	0.7%	– 43.5%	26
26	Audi	13	0.7%	– 18.8%	29
27	Honda	13	0.3%	– 66.7%	18
28	Iveco	12	0.7%	– 14.3%	31
29	Porsche	12	0.6%	– 20.0%	27
30	Mazda	11	0.4%	+ 10.0%	35
31	DS	9	0.5%	– 35.7%	32
32	FAW	9	0.3%	– 67.9%	25
33	ZNA	8	0.4%	new	–
34	DFSK	8	0.3%	– 57.9%	28
35	Mini	7	0.3%	– 22.2%	33
36	Alfa Romeo	6	0.3%	+ 100.0%	39
37	Great Wall	6	0.3%	– 62.5%	30
38	Ram	5	0.3%	+ 25.0%	37
39	Jaguar	4	0.2%	+ 0.0%	38
40	Alpine	2	0.1%	+ 100.0%	43
41	Jeep	2	0.1%	+ 100.0%	41
42	ZX Auto	1	0.1%	– 83.3%	36
43	Volkswagen	0	0.0%	– 100.0%	40
44	Seres	0	0.0%	– 100.0%	42
45	Soueast	0	0.0%	+ 0.0%	44

New Caledonia (France) January-September 2025:

Pos	Model	1-9 2025	%	/24	2024 1-9	FY24
1	Toyota Hilux	153	6.2%	– 51.6%	316	1
2	Suzuki Swift	117	4.7%	– 9.3%	129	3
3	Dacia Duster	98	3.9%	– 31.5%	143	2
4	Ford Ranger	76	3.1%	+ 11.8%	68	5
5	Suzuki Jimny	70	2.8%	– 10.3%	78	4
6	Renault Kangoo	58	2.3%	+ 9.4%	53	16
7	Renault Master	56	2.3%	– 3.4%	58	8
8	Citroen Berlingo	52	2.1%	– 28.8%	73	6
9	Mitsubishi ASX	51	2.1%	+ 64.5%	31	39
10	Hyundai Tucson	49	2.0%	– 7.5%	53	14
11	Subaru Crosstrek	48	1.9%	+ 20.0%	40	20
12	Toyota RAV4	48	1.9%	– 9.4%	53	12
13	Subaru Forester	47	1.9%	+ 30.6%	36	21
14	Renault Trafic	43	1.7%	+ 152.9%	17	54
15	Hyundai Grand i10	41	1.6%	+ 7.9%	38	24
16	Citroen Jumpy	39	1.6%	+ 11.4%	35	22
17	Toyota Land Cruiser	38	1.5%	+ 15.2%	33	27
18	Toyota Raize	38	1.5%	– 24.0%	50	18
19	Citroen C3	37	1.5%	– 19.6%	46	9
20	Ford Puma	37	1.5%	– 21.3%	47	17
21	Renault Clio	37	1.5%	– 21.3%	47	19
22	Kia K2700	35	1.4%	– 41.7%	60	7
23	BAIC X35	34	1.4%	+ 78.9%	19	35
24	Peugeot 2008	32	1.3%	+ 23.1%	26	37
25	Hyundai Staria	29	1.2%	+ 0.0%	29	32
26	Peugeot 208	28	1.1%	– 59.4%	69	11
27	Isuzu D-Max	27	1.1%	– 53.4%	58	13
28	Renault Kwid	27	1.1%	– 25.0%	36	28
29	Suzuki Ignis	27	1.1%	+ 92.9%	14	55
30	Toyota Hiace	26	1.0%	+ 36.8%	19	40

Source: Manufacturers, many thanks to Stephane.

The post New Caledonia (France) January-September 2025: Mitsubishi (+22.1%), Subaru (+21.3%) defy market off -23.3% first appeared on Best Selling Cars Blog.

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