{"id":5241,"date":"2025-10-28T15:16:12","date_gmt":"2025-10-28T15:16:12","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/10\/28\/france-proposes-national-bitcoin-reserve-wants-to-buy-2-of-bitcoin-supply\/"},"modified":"2025-10-28T15:16:12","modified_gmt":"2025-10-28T15:16:12","slug":"france-proposes-national-bitcoin-reserve-wants-to-buy-2-of-bitcoin-supply","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/10\/28\/france-proposes-national-bitcoin-reserve-wants-to-buy-2-of-bitcoin-supply\/","title":{"rendered":"France Proposes National Bitcoin Reserve, Wants to Buy 2% of Bitcoin Supply"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

France Proposes National Bitcoin Reserve, Wants to Buy 2% of Bitcoin Supply<\/a><\/p>\n

<\/div>\n

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 \u00c9ric Ciotti, marking the first time such a comprehensive legislative proposal on cryptocurrency has been introduced in France.\u00a0<\/p>\n

The initiative calls for a national Bitcoin Strategic Reserve and aims to position the cryptocurrency as a form of \u201cdigital gold\u201d to strengthen financial sovereignty.<\/p>\n

The proposed legislation would see France<\/a> aim to acquire up to 2% of Bitcoin\u2019s total supply \u2014 roughly 420,000 BTC \u2014 over the next seven to eight years, according<\/a> to journalist Gregory Raymond.<\/p>\n

To manage the reserve, the bill envisions the creation of a Public Administrative Establishment (EPA), similar in structure to France\u2019s gold and foreign-currency holdings.<\/p>\n

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.<\/p>\n

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BREAKING: French politician \u00c9ric Ciotti introduced a bill to adapt \u201cthe new monetary order by embracing Bitcoin and crypto.\u201d pic.twitter.com\/fS7ILfhPq3<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) October 28, 2025<\/a>\n<\/p><\/div>\n

Back in July, French lawmakers submitted a proposal<\/a> 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 \u2014 particularly from nuclear and renewable sources \u2014 for mining.\u00a0<\/p>\n

The July initiative aimed to tackle France\u2019s 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 \u201cunacceptable economic and energy loss.\u201d\u00a0<\/p>\n

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 \u2014 approximately 15 million euros per day, or 55,000 BTC per year.\u00a0<\/p>\n

Pending constitutional approval, citizens could also pay certain taxes in Bitcoin.<\/p>\n

France explores stablecoins for payments<\/h2>\n

The bill also emphasizes the use of euro-denominated stablecoins<\/a> for everyday payments, recognizing them as a credible alternative to traditional payment networks.\u00a0<\/p>\n

Transactions under \u20ac200 would be exempt from taxation and social contributions, and payment of taxes in euro stablecoins would be allowed.\u00a0<\/p>\n

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

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 \u201cLombard\u201d loans.<\/p>\n

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.\u00a0<\/p>\n

This post France Proposes National Bitcoin Reserve, Wants to Buy 2% of Bitcoin Supply<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

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 \u00c9ric Ciotti, marking the first time such a comprehensive legislative proposal on cryptocurrency has been introduced […]<\/p>\n","protected":false},"author":0,"featured_media":5242,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5241","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5241"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5242"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}