The post Bitcoin News: France to Propose Bill for National Bitcoin Strategic Reserve appeared on BitcoinEthereumNews.com.

France’s center-right UDR party introduced a major pro-crypto bill today, calling for a national Bitcoin reserve to secure financial sovereignty. A comprehensive pro-crypto bill will be tabled in the French Parliament today. The initiative is being sponsored by the Union of the Right and Centre (UDR) party. Lawmaker Eric Ciotti takes the legislative proposal straight ahead. This is the first time such a detailed cryptocurrency text has been introduced in France. Therefore, the bill is a huge political moment. Reserve Plan Seeks to Acquire 420,000 BTC as ‘Digital Gold’ Under the initiative, a National Bitcoin Strategic Reserve needs to be set up immediately. Moreover, the bill seeks to brand bitcoin as a form of “digital gold.” This strategy aims to reinforce the financial sovereignty of France in general. Furthermore, the proposal recommends diversifying the existing foreign exchange reserves now. At the end, this is an effective way to protect the economic future of the country. Related Reading: Arthur Hayes Says France’s Debt Crisis Boosts Bitcoin’s Appeal | Live Bitcoin News Specifically, the proposed legislation is to obtain a huge amount of BTC. The target is up to 2% of the total supply of Bitcoin in the world. This amounts to approximately 420,000 BTC in the long run. As a result, this process of acquisition would take seven to eight years constantly. Therefore, the total effort requires a very strategic approach. The bill proposes the creation of Public Administrative Establishment (EPA) directly. This new entity would manage and house the large reserve in a secure environment. In addition, the text describes some innovative ways of funding in the immediate. For example, public mining would make good use of excess nuclear power. This also includes storing all Bitcoins confiscated in the legal process. Furthermore, substantial savings amount is envisaged under this bill.…

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Filed under: News - @ October 29, 2025 2:28 am