ARK Ecosystem President Francois Thoorens introduced a petition in which he recommends changing the existing laws, so the Central Bank of France is enabled to actually buy Bitcoin.
The petition, which has presently amassed 322 signatures, recommends changing laws and regulatory guidelines so that government bodies in France, including the country’s central bank, can acquire digital assets. The appeal will be open for signatures until September 5, and if it gathers the required amount of signatures, it will be presented to the French Senate for a decision.
For the Central Bank of France to be enabled to purchase digital assets, policymakers will need to make a number of changes to the country’s legal records. Curiously, the paper has already been endorsed by Jean-Michel Mis, a representative of the French National Assembly and an important factor in the Legal Affairs Committee.
It should be noted that the petition has already received the Senate authorization for publication on the website. If a total of 100,000 unique signatures are received, the petition will be reviewed by the Conference Governance Council, which encompasses the President of the National Assembly, various institution vice presidents, chairmen of standing committees, and other important members of the National Assembly.
Just recently, Christine Lagarde, the head of the European Central Bank, stated that the central banks of different countries are not likely to buy Bitcoin as a means of reserve currency.
We remind that not long-ago France urged the EU to introduce alternative regulation of cryptocurrencies.
