The bill would create a national Bitcoin reserve managed by the central bank, allowing the government to buy up to 2,000 bitcoins each year for five years and keep them in secure, geographically‑spread storage for at least 20 years, with regular public reporting.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB00421. Status changes over time; check the link for the latest.
HB00421 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.