Philippines Lawmaker Proposes 10,000 BTC Strategic Reserve
The Philippines has superior towards adopting Bitcoin as a strategic reserve asset. 36-year-old Congressman Miguel Luis Villafuerte launched the Strategic Bitcoin Reserve Act, calling for buying 10,000 BTC over 5 years. If enacted, the measure would place Bitcoin alongside gold and foreign-exchange reserves, making the Philippines one of many world’s largest state-level cryptocurrency holders. Invoice…
