France Stuns Europe: Could Lawmakers Adopt Bitcoin and Ban Digital Euro?

France has taken a bold step that could reshape Europe’s monetary direction. Lawmakers in the National Assembly have adopted a resolution opposing the introduction of the European Central Bank’s (ECB) proposed digital euro while endorsing Bitcoin and the use of euro-denominated stablecoins as alternatives.

The proposal, introduced on October 22, 2025, by Éric Ciotti and members of the Union of the Right for the Republic (UDR), calls on the French government to reject the European Commission’s draft regulation establishing a digital euro.

Ciotti described the move as a step toward protecting “fundamental individual rights” and maintaining monetary sovereignty in an increasingly digital economy. French lawmakers warned that a centrally managed network would allow authorities to track and potentially freeze citizens’ funds.

The document, titled “Proposal for a European Resolution Calling for Support for the Transformation of the Monetary System,” argues that central bank digital currencies (CBDCs) pose a threat to privacy and economic freedom.

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The ECB is currently in the preparation phase of the digital euro, which began in November 2023 and is expected to conclude by the end of 2025. The currency could enter circulation around 2029, according to ECB Executive Board member Piero Cipollone.

The explanatory memorandum compared the ECB’s project to China’s digital yuan, suggesting that similar centralized oversight could “pose a major threat to fundamental individual freedoms.”