#FranceBTCReserveBill Good question — here’s a breakdown of what France BTC Reserve Bill is about (and why it matters), based on recent reporting and developments 👇
✅ What is the bill
The bill is a proposal by the political party Union of the Right and Centre (UDR), led by Éric Ciotti, introduced in the French parliament with the goal of creating a “strategic Bitcoin reserve” for France.
If passed, France would aim to accumulate up to ~420,000 BTC, corresponding to roughly 2% of total Bitcoin supply, over a 7–8-year period.
The reserve would be managed by a dedicated public authority (similar to how a country manages its gold or foreign currency reserves).
🔧 How the plan would work / Where the BTC would come from
The proposal outlines several potential sources and mechanisms for acquiring Bitcoin:
Public mining — using surplus nuclear or hydroelectric energy (especially during periods of excess production) to mine Bitcoin.
Seized / confiscated crypto — retaining cryptocurrency seized in criminal cases rather than liquidating it.
Savings funds and public savings schemes — channel part of savings accounts (like public savings schemes) toward regular Bitcoin purchases.
Possibility of tax payments or stablecoin payments in crypto — the bill contemplates allowing euro-stablecoins for payments and maybe even accepting taxes in Bitcoin or stablecoins (though that would require constitutional and broader regulatory changes). turn0search2
Additionally, the bill promotes regulated euro-denominated stablecoins for everyday payments and argues against the introduction of a centrally controlled “digital euro” by the
