World’s largest custodian bank BNY Mellon holds spot Bitcoin ETFs

The French Armed Forces are the military forces of France. The armed forces consists of four military branches: the Army, Navy, Air and Space Force and the National Gendarmerie. The National Guard serves as the French Armed Forces' military reserve force. As stipulated by France's constitution, the president of France serves as commander-in-chief of the French military. France has the eighth largest defence budget in the world and the second largest in the European Union (EU). It also has the largest military by size in the EU. A 2015 Credit Suisse report ranked the French Armed Forces as the world's sixth-most powerful military.