Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated.
Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter.
House Bill No. 421, which seeks to establish a Strategic Bitcoin Reserve for the Philippines, could provide the country with a long-term tool to address its growing national debt, according to its author, Congressman Miguel Luis Villafuerte.
Bitcoin Could Help Manage PH Debt
In a response to BitPinas, Villafuerte cited the latest Bureau of the Treasury (BTr) data,…

