Key Notes
Philippine lawmakers propose a National Bitcoin Reserve with annual purchases of 2,000 BTC for five years.
The reserve would be locked for 20 years, with BTC sales only allowed to retire government debt.
The plan aims to diversify national reserves and position the Philippines as a leader in digital asset adoption.
Miguel Luis “Migz” Villafuerte, a Filipino congressman and former youngest-elected governor in the nation’s history, has filed new legislation that would make Bitcoin BTC $116 539 24h volatility: 3.3% Market cap: $2.32 T Vol. 24h: $47.03 B part of the Philippines’ sovereign reserves.
The proposal, filed under House Bill 421 , directs the Bangko Sentral ng Pilipinas (BSP) to purchase up to 2,000 BTC annually for five years, establish