France Discusses Crypto Bill, What’s the Future Plan?

Jakarta, Pintu News – The French Parliament will today discuss a new bill in favor of crypto. The bill proposed by Éric Ciotti, head of the Union of Rights for the Republic (UDR), aims to integrate Bitcoin (BTC) and euro-based stablecoins into the country’s financial system. Ciotti argues that this move will protect France’s financial independence and place the country at the forefront of Europe’s growing blockchain revolution.

Establishment of a National Bitcoin Reserve

The proposed bill includes the creation of a public institution in charge of managing Bitcoin (BTC) reserves equivalent to 2% of the total Bitcoin (BTC) supply, or approximately 420,000 BTC. The aim is to establish a “national digital gold” that would strengthen France’s monetary resilience. Ciotti’s plan also includes using excess nuclear and hydroelectric energy for public Bitcoin (BTC) mining as well as storing Bitcoin (BTC) seized in legal cases.

In addition, a portion of France’s Livret A and LDDS savings funds-about $15 million daily-will be used to purchase Bitcoin (BTC) directly. The bill also proposes that taxes can be paid using Bitcoin (BTC), although this requires constitutional approval.

Also read: MetaMask Gets More Complete, EVM, Solana, and Bitcoin Integration Officially Launched

Daily Use of Stablecoins and Local Industry Support

The bill encourages the daily use of euro-denominated stablecoins as an alternative to the Visa and Mastercard systems. With a daily spending limit of $200 exempt from taxes and social charges, these stablecoins can also be used for tax payments. In addition, Ciotti urged the EU to relax MiCA rules and oppose a centralized digital euro (CBDC).

On the industry side, Ciotti wants to adjust electricity taxation for miners and integrate crypto assets into traditional investment plans. According to him, high-performance computing and Bitcoin (BTC) mining are not just technological novelties, but useful and value-creating activities.

Read also: ZAR brings stablecoins to Pakistan, what’s the strategy?

Challenges and Prospects of the Bill

While the bill promises many positive changes, there are still major challenges to overcome. The UDR has only 16 out of 577 seats in parliament, so the chances of it being passed are slim. However, if successful, the bill will be a big step for France in leading the blockchain revolution in Europe and strengthening its national financial position.

The bill also marks the first comprehensive attempt at crypto legislation in France. If passed, it will set an example for other countries in adopting blockchain technology and cryptocurrencies as part of their official financial systems.

Conclusion

With this bill, France has the potential to become a leader in blockchain and crypto adoption in Europe. Despite the challenges, this initiative demonstrates France’s commitment to innovate and adapt to a new monetary order driven by digital technology.

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Reference

• Crypto Times. France to Debate Bitcoin Reserve and Stablecoin Bill Today. Accessed on October 29, 2025
• Featured Image: Bitcoinist