Philippines to Create Strategic Bitcoin Reserve
Date: 2025-08-26 Author: Oliver Abernathy Categories: IN WORLD
Philippine Congressman Miguel Luis Villafuerte has introduced Bill No. 421, which provides for the formation of a national Bitcoin reserve. The document proposes that the Central Bank purchase 2,000 BTC annually for five years and then store them in cold storage for at least 20 years. Thus, the total volume of the asset should be 10,000 BTC.
According to the initiator, global practice shows that digital assets can play a key role in ensuring financial stability. He emphasized that the growing interest in Bitcoin on all continents makes it a potential tool of strategic importance.
According to the project, the accumulated funds will have strict restrictions: they cannot be sold or used for any purpose other than servicing the national debt. Moreover, even after the 20-year storage period is over, the head of the Central Bank will be limited in his actions - he will not be able to sell more than 10% of the total reserves for two years in a row.
If the document is approved, the Philippines will join the number of countries that officially consider Bitcoin as a strategic asset. Earlier, El Salvador and Bhutan took a similar step. At the same time, the largest state holders of cryptocurrency remain the United States and China, but their reserves are formed mainly at the expense of confiscated assets.
According to the Bitbo platform, today the governments of different countries own a total of more than 517,000 BTC, which is approximately 2.46% of the maximum supply of 21 million coins. This figure confirms that the interest of states in cryptocurrency is gradually growing, and the creation of reserves may become a global trend in economic policy.
For the Philippines, such an initiative could mean not only a step towards diversifying national assets, but also positioning the country among innovators who create financial protection in advance in case of economic crises. Villafuerte is confident that such measures can strengthen confidence in the national economy and increase its resilience to global risks.
Thus, if the bill is adopted, the country will bet on Bitcoin as a long-term element of its economic strategy, focusing on the experience of other countries and the growing importance of cryptocurrency on the global stage.
