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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.