• Bitcoin Reserve
• Crypto Regulation
• Miguel Luis Villafuerte
• Sovereign Bitcoin

Philippines Proposes Bitcoin Reserve Act to Buy 10,000 BTC

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  cryptoxversity / 2 weeks
• 0
• 3 min read

The Philippines has taken a historic step toward sovereign Bitcoin adoption with Congressman Miguel Luis Villafuerte introducing the “Strategic Bitcoin Reserve Act” (House Bill 421). If passed, the measure would direct the Bangko Sentral ng Pilipinas (BSP) to acquire 10,000 BTC over five years—about 2,000 BTC annually—and hold it as a long-term strategic reserve asset. […]