The French Parliament is set to review a new pro-crypto bill today. The proposal, led by Éric Ciotti, Head of the Union of Rights for the Republic (UDR), aims to bring Bitcoin and stablecoins into the country’s financial system.
Ciotti states that this move would help protect France’s financial independence and position the nation at the forefront of Europe’s expanding blockchain revolution.
According to journalist Grégory Raymond, the bill represents the first comprehensive crypto legislation ever presented in France. It is structured around three primary objectives: the establishment of a national Bitcoin reserve, the promotion of euro-based stablecoins, and the support of growth within the local crypto industry. Consequently, the proposal signifies an endeavor to adapt France to what Ciotti describes as a “new monetary order.”
🟥 Exclusive @TheBigWhale_
— Grégory Raymond 🐳 (@gregory_raymond) October 28, 2025
A pro-crypto bill will be tabled today in the French Parliament by @partiudr led by @eciotti
This is the first time such a comprehensive text on the subject has been proposed in France. 🇫🇷
Here are the proposals, which fall into three main areas.
👉… pic.twitter.com/qIf6KJor8m
National Bitcoin Reserve and Investment
The proposal advocates for the creation of a public institution tasked with managing a reserve equivalent to 2% of Bitcoin’s total supply, approximately 420,000 BTC. The objective is to establish “national digital gold” to enhance France’s monetary resilience. Ciotti's plan includes utilizing surplus nuclear and hydroelectric energy for public Bitcoin mining operations and retaining BTC seized during legal proceedings.
Furthermore, a portion of France’s Livret A and LDDS savings funds, estimated at around €15 million daily, would be allocated to direct Bitcoin purchases. The bill also suggests the possibility of paying taxes in BTC, contingent upon constitutional approval.
Supporting Stablecoins and Local Mining
The bill also champions the daily utilization of euro-denominated stablecoins as an alternative to existing payment systems like Visa and Mastercard. It proposes a daily spending limit of €200, which would be exempt from taxes and social fees. The use of stablecoins for tax payments is also suggested.
Additionally, the proposal urges the European Union to relax MiCA regulations and to oppose the development of a centralized digital euro (CBDC). On the industrial front, Ciotti aims to adjust electricity taxation for miners and integrate crypto assets into conventional investment portfolios. Ciotti recently commented, “High-performance computing and Bitcoin mining are not mere technological curiosities: they are useful, value-creating activities.” However, the bill faces significant challenges, as the UDR holds only 16 out of 577 seats in Parliament, making its passage improbable.