Bitcoin Beats The Euro — France Chooses Crypto Over CBDC

France’s National Assembly moved to block European Central Bank’s planned digital euro and to favor Bitcoin and euro ￰0￱ on reports , the resolution was filed on October 22, 2025 by Éric Ciotti and UDR ￰1￱ For A National Bitcoin Reserve The motion asks for a public body to build a strategic Bitcoin holding equal to 2% of the total supply — about 420,000 BTC — over seven to eight ￰2￱ ideas include using surplus energy to mine, retaining seized Bitcoin, and sending a slice of Livret A and LDDS savings to daily BTC ￰3￱ plan would allow tax payments in Bitcoin if constitutional checks approve ￰4￱ say a centrally run digital currency could let authorities track and freeze people’s money, and they compared the plan to China’s digital ￰5￱ warned a digital euro might let users move deposits straight to the ECB and weaken banks, raising the risk of shifts that could destabilize ￰6￱ ECB began a preparation phase in November 2023 and expects that phase to end by the end of 2025; officials say circulation could start around 2029, according to Piero ￰7￱ Stablecoins And Market Size The motion presses for stronger euro-denominated stablecoins to cut dependence on dollar ￰8￱ to IMF data cited in the proposal, 91% of stablecoin market capitalization — roughly $210 billion of $230 billion — is dollar-based, while the largest euro stablecoin is about $259 ￰9￱ want MiCA rules adjusted so European banks and companies can issue euro tokens more ￰10￱ To Adjust Banking Rules As part of the package, the resolution seeks a lighter touch on Basel prudential rules that now treat some crypto-backed loans as highly risky and impose capital buffers up to 1,250%.

Backers say those rules discourage crypto-collateral lending and want a “targeted deviation” to encourage bank ￰11￱ has opened doors to more regulated crypto ￰12￱ AMF approved BPCE’s Hexarq for custody and trading, and Lise, a tokenized equity platform, got a DLT Pilot Regime green ￰13￱ on Chainalysis, France processed about $180 billion in crypto flows from July 2024 to June 2025, placing it among Europe’s busiest ￰14￱ proposal faces legal and political tests, but it makes clear France aims to shape how digital money works in ￰15￱ debate is expected to draw intense public ￰16￱ image from Unsplash, chart from TradingView