A pro-Bitcoin and cryptocurrency bill, backed by the French UDR party and its leader Eric Ciotti, is set to be submitted to the National Assembly on October 28, 2025. The bill outlines a comprehensive strategy to establish a BTC Strategic Reserve of 420,000 coins, equivalent to 2% of Bitcoin's total supply, to be accumulated over the next 7-8 years.
The reserve will be managed by a newly created Public Administrative Establishment (EPA) and sourced through multiple channels: public Bitcoin mining utilizing excess nuclear and hydroelectric energy with favorable taxation, BTC seized during legal proceedings (such as from the defunct dark web site DFAS), and government savings schemes allocating up to 15 million euros per day, translating to approximately 55,000 BTC annually. This initiative aims to diversify France's foreign exchange reserves and enhance financial sovereignty.
Additionally, the bill promotes the adoption of euro-denominated stablecoins, setting a 200-euro ceiling for tax-exempt transactions and allowing their use for tax payments. It opposes centralized digital assets and seeks to ease certain MiCA regulations to facilitate stablecoin issuance by European banks and companies. The proposal also includes provisions for favorable miner treatment, such as flexible energy access and taxation, and integrates Bitcoin into the financial system by allowing it as collateral for loans and through exchange-traded notes (ETNs).
While the bill's acceptance is considered unlikely due to limited political impact, it represents a significant step in advancing crypto adoption in Europe, building on France's existing efforts, including a five-year Bitcoin mining plan and prior seizures of BTC.
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