Atlas21
  • ‎
No Result
View All Result
Atlas21
No Result
View All Result
Atlas21
Home Bitcoin

France: proposed law for a national reserve of 420,000 BTC

Newsroom by Newsroom
October 30, 2025
in Bitcoin
bitcoin
Share on FacebookShare on TwitterShare on Linkedin

The UDR party is preparing a bill aimed at turning France into a European hub friendly to Bitcoin.

According to The Big Whale, a legislative proposal focused on Bitcoin and other digital assets is set to be introduced in the French Parliament. The UDR party, led by Eric Ciotti, plans to present a bill that could position France at the forefront of institutional adoption of digital assets.

The core of the proposal centers on the creation of a national Bitcoin reserve, with the stated goal of accumulating 420,000 BTC — equivalent to 2% of the total circulating supply.

To manage the initiative, the bill calls for the establishment of a dedicated public administrative entity (EPA) responsible for building the reserve gradually over 7–8 years. The strategy is presented as a means of diversifying France’s national currency reserves. The financial plan envisions direct Bitcoin purchases through government savings programs, with an estimated €15 million per day allocated for BTC acquisitions — roughly 55,000 BTC per year.

Public mining and energy utilization

Part of the proposal involves acquiring bitcoin through public mining operations. The plan aims to capitalize on the country’s excess nuclear and hydroelectric power, offering a favorable tax regime for miners. This strategy would allow France to organically accumulate BTC.

In parallel, the bill identifies a second source of Bitcoin supply — coins seized during judicial proceedings. France has already confiscated cryptocurrencies in operations targeting dark web markets, such as the now-defunct DFAS platform.

Euro stablecoins and payments

Beyond Bitcoin, the bill promotes the use of euro-denominated stablecoins as a regulated, practical alternative to debit card payments. It sets a €200 tax-free transaction limit and allows tax payments in bitcoin and stablecoins.

The proposal also seeks to ease certain MiCA regulatory constraints at the EU level, facilitating stablecoin issuance by European banks and corporations. The text explicitly opposes Central Bank Digital Currencies (CBDCs), labeling them as a threat to financial freedom.

The bill envisions favorable tax and energy treatment for mining facilities, including flexible taxation regimes for dedicated data centers. Additionally, bitcoin could be accepted as collateral for specific categories of bank loans.

Despite its ambition, the proposal faces slim chances of approval, given the UDR party’s limited representation in the National Assembly (16 MPs out of 577).

Previous Post

China: Central Bank declares war on stablecoins and announces crackdown

Next Post

Canaan launches Avalon A16 miner series with 12.8 J/TH efficiency

Latest News

Stratum V2: Antpool, Foundry, F2Pool e altri entrano nel Working Group
Bitcoin

Stratum V2: Antpool, Foundry, F2Pool and others join the Working Group

by Newsroom
May 8, 2026
0

Seven of the leading Bitcoin mining players join the working group to accelerate adoption of the Stratum V2 protocol.

Read moreDetails
Block Inc: guidance rivista al rialzo dopo Q1 solido, perdita Bitcoin da $173 milioni
Bitcoin

Block Inc: guidance raised after solid Q1, $173 million Bitcoin loss

by Newsroom
May 8, 2026
0

Jack Dorsey's company records a $173 million unrealized loss on its Bitcoin treasury, but raises 2026 forecasts following positive quarterly...

Read moreDetails
IREN: Nvidia entra nel capitale con warrant da 30 milioni di azioni
Bitcoin

IREN: Nvidia takes stake with 30 million share warrants

by Newsroom
May 8, 2026
0

The strategic partnership between IREN and Nvidia for AI infrastructure expansion sent the stock surging more than 25% in after-hours...

Read moreDetails
GameStop: l’offerta da $56 miliardi per eBay incontra il muro del credito
Bitcoin

GameStop: $56 billion bid for eBay hits credit wall

by Newsroom
May 8, 2026
0

The TD Securities financing letter requires the resulting company to maintain an investment-grade credit profile, a condition Moody's considers hard...

Read moreDetails
Germania: Klingbeil vuole eliminare l’esenzione fiscale dei digital asset nel 2027
Bitcoin

Germany: Klingbeil wants to eliminate digital asset tax exemption in 2027

by Newsroom
May 7, 2026
0

Finance Minister Lars Klingbeil has included in the 2027 budget a plan to tax digital assets at 25% regardless of...

Read moreDetails
Atlas21

© 2026 Atlas21

Navigate Site

  • Editorial Policy
  • Cookie Policy
  • Privacy Policy
  • Team

Follow Us

No Result
View All Result
  • Bitcoin 101
    • What Is Bitcoin? A Complete Guide
    • Bitcoin Security: A Complete Guide
    • Bitcoin Privacy: A Complete Guide
    • Lightning Network: A Complete Guide
    • Bitcoin Mining: A Complete Guide
    • Advanced Bitcoin: A Technical Guide
  • Learn
  • Latest News
  • Interviews
  • Opinion
  • Feature
  • B2B Services
  • About Us
  • Contacts

© 2026 Atlas21

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site, we will assume that you are happy with it.