The bill would create a central‑bank‑backed digital peso (BSDP) that becomes the only legal tender for digital transactions in the Philippines, with the Bangko Sentral ng Pilipinas in charge of issuing, securing, and promoting it.
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/HB01998. Status changes over time; check the link for the latest.
HB01998 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.