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Posted: 2025-08-24 00:30:26 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-08-24 00:30:46 UTC
Verified By
Rollup News
Philippine Congressman Migz Villafuerte has proposed House Bill 421 to establish a Philippine Strategic Bitcoin Reserve, mandating the Bangko Sentral ng Pilipinas (BSP) to purchase 2,000 Bitcoin annually for five years, totaling 10,000 BTC, to secure national interests and debt stability.
Proposed establishment of a Philippine Strategic Bitcoin Reserve
Mandatory purchase of 2,000 Bitcoin annually for five years by the BSP
Total acquisition of 10,000 BTC to safeguard national security and debt stability