🏛️ Lawmakers in France Push Back Against the Digital Euro Amid Bitcoin Debates
The regulation of Bitcoin in France has ignited a fierce political debate in the country that could reshape the national agenda. A French parliamentarian has introduced a declaration for the National Assembly to block the Digital Euro from the European Central Bank — encouraging the adoption of stablecoins and a wide array of other crypto assets like Bitcoin.
Ciotti’s proposal draws on recent U.S. policy momentum, particularly the GENIUS Act — on which his amendment is based — restricting CBDCs while allowing regulated stablecoin innovation.
💶 France Prefers Stablecoins Over CBDCs
(Focus Keyword: France Bitcoin Regulation)
The resolution calls for the French government to advocate in Europe for a friendlier prudential framework for banks wishing to hold crypto-assets — instead of adopting the restrictive Basel III 2022 regulations.
This change would allow financial institutions to:
✔ Pledge crypto assets as collateral
✔ Accelerate institutional participation in digital markets
Also Read : BlackRock Launches Bitcoin ETP in UK Following FCA Crypto Investment Reforms
🏴☠️ Bitcoin Reserves and National Scheme Under Review
The motion does not explicitly call for a national Bitcoin reserve. However, multiple French media outlets report that Ciotti wants France to obtain 2% of Bitcoin’s total supply — currently worth more than $48 billion.
He follows growing trends in sovereign crypto accumulation:
- The United States continues expanding BTC reserves through seized assets
- Kyrgyzstan is considering a national crypto reserve with assistance from former Binance CEO CZ Zhao
- Bhutan is developing a strategic crypto reserve
Meanwhile, French political party Rassemblement National proposed mining Bitcoin using the nation’s surplus nuclear energy, positioning France as a potential European mining leader
🚀 A Turning Point for Crypto in France
France is creating laws to regulate Bitcoin.
As of now, the resolution has not been formally debated — but if adopted, France could become one of the most crypto-ready nations in Europe, directly challenging:
✅ EU Monetary Authority
✅ Global Leadership in Digital Finance
As the world shifts toward decentralized finance, the question remains:
Will France spearhead Europe’s Bitcoin renaissance —
or go all-in defending the Digital Euro?
