PHILIPPINES PROPOSES 10,000 BTC STRATEGIC RESERVE WITH 20-YEAR LOCKUP

Summary from the TLDR Crypto newsletter

Philippines Congressman Miguel Luis Villafuerte has introduced a bill calling for the central bank to buy 2,000 BTC annually over five years, creating a 10,000 BTC reserve locked for 20 years. The bitcoin would only be used to retire government debt, with strict limits on sales even after the lockup period. If passed, the Philippines would join El Salvador and Bhutan in treating bitcoin as a strategic national asset.