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MD Rifat Rahaman
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樱桃小橘子
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Celebrating the surge of ETH, I will give everyone a red envelope. If it reaches a new high, I will send a big red envelope🧧🧧
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MD Rifat Rahaman
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@Chainbase Official #chainbase News Law and Order Philippines to Consider Strategic Bitcoin Reserve With 20-Year Lockup The bill proposes terms for how the country's central bank could be tasked with buying Bitcoin and locking the holdings for two decades. Vince Dioquino By Vince Dioquino Edited by Sebastian Sinclair Aug 25, 2025 3 min read Bitcoin. Source: Decrypt/Shutterstock Bitcoin. Source: Decrypt/Shutterstock In brief The measure directs the country's central bank to purchase 10,000 BTC over five years, with a 20-year holding requirement. Custody, proof-of-reserves, and disposal rules would be codified by law and regulation. Local crypto voices call the proposal bold but warn of volatility, fiscal tradeoffs, and gaps in financial literacy. The Philippines has introduced a proposal to establish a Strategic Bitcoin Reserve, a measure that would direct its central bank to accumulate 10,000 BTC over five years under a two-decade lockup period. The bill was introduced in the House of Representatives as House Bill 421 by Congressman Miguel Luis Villafuerte, calling for the country's central bank to manage the reserve under strict trust and reporting requirements. Formally called the Strategic Bitcoin Reserve Act, the bill mandates yearly purchases of 2,000 BTC and allows sales only to pay off government debt after 20 years. If enacted, the measure would mark the Philippines as one of the first countries in Asia to legislate a sovereign Bitcoin reserve through a formal statute. The “increasing significance of Bitcoin in ensuring financial and economic prowess” makes it “imperative for the country to take significant legislative measures," Villafuerte wrote. Congressman Villafuerte also said it is “vital that the Philippines stockpile strategic assets such as Bitcoin” to support national interests and bolster financial stability. Elsewhere in Asia, Bhutan has built Bitcoin and Ethereum holdings through hydropower-backed mining, while Pakistan has announced plans for a sovereign reserve. Unlike other countries such as the U.S. and Germany, which
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@Bubblemaps.io #Bubblemaps $BMT The measure "can be an asymmetric bet in the upside for the Philippines,” Miguel Antonio Cuneta, co-founder of Satoshi Citadel Industries, which once operated the country's first licensed virtual asset provider, told Decrypt.Asked where the assets should come from, Cuneta pointed out that diversifying a small percentage into “a non-correlated, novel asset class with a track record of incredible compound annual growth
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@Treehouse Official i #Treehouse $TREE Elsewhere in Asia, Bhutan has built Bitcoin and Ethereum holdings through hydropower-backed mining, while Pakistan has announced plans for a sovereign reserve. Unlike other countries such as the U.S. and Germany, which built holdings from law enforcement seizures, the bill directs the Philippine central bank to buy Bitcoin on schedule.
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