Philippines Lawmaker Proposes 10,000 BTC Strategic Reserve

The Philippines has advanced toward adopting Bitcoin as a strategic reserve asset. 36-year-old Congressman Miguel Luis Villafuerte introduced the Strategic Bitcoin Reserve Act, calling for acquiring 10,000 BTC over five years. If enacted, the measure would position Bitcoin alongside gold and foreign-exchange reserves, making the Philippines one of the world’s largest state-level cryptocurrency holders. Bill Details: 10,000 BTC Target, 20-Year Lock-In House Bill No source: https://beincrypto.com/philippines-lawmaker-proposes-10000-btc-strategic-reserve/