List of Blockchain and Bitcoin Bills Filed in the Philippines

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With other countries slowly adapting cryptocurrency and blockchain technology, Philippine lawmakers of the 20th Congress are now also stepping up efforts to regulate and harness web3 tech in 2025, with a series of bills filed in both the House of Representatives and Senate of the Philippines seeking to establish clearer rules for bitcoin use, digital asset trading, and government adoption of blockchain technology.

Local Blockchain Bills Filed This 2025

HB 4075: Blockchain Technology for Government Efficiency Act

Full title: An Act Recognizing, Prescribing, and Regulating the Use of Blockchain and Distributed Ledger Technology in Government Transactions, Records, and Public Services, and for other purposes.

Date Filed: August 27, 2025 

Principal Author: Ilocos Norte 2nd District Rep. Angelo Marcos Barba

Bill Status: Pending with the Committee on since September 1, 2025

Objectives

• To institutionalize and strengthen the use of blockchain and related technologies in government.
• To ensure transparency, efficiency, and accountability in government operations and services.
• To provide a clear framework for adoption and regulation.

Key Provisions

• Recognition of blockchain, distributed ledger, and smart contracts as valid tools for government operations.
• Government agencies mandated to integrate blockchain into relevant processes (e.g., data storage, transactions, and record-keeping).
• Establishment of standards and guidelines for blockchain use in government.

Implementing Agencies

• Primary implementation is left to designated government agencies as outlined in the bill (coordination with ICT-related agencies is implied).

Funding / Appropriations

• To be sourced from the budget of implementing agencies or as provided in the General Appropriations Act.

Penalties / Compliance

• Not detailed yet; compliance is mandated through agency implementation.

Significance

• Promotes transparency and trust in government spending and services.
• Strengthens safeguards against corruption and fraud.
• Encourages modernization of public sector systems.

BitPinas Article: Ilocos Norte Congressman Pushes Blockchain Bill to Modernize Government Services

HB 4380: Philippine National Budget Blockchain Act

Full Title: An Act Mandating the Establishment and Implementation of a National Budget Blockchain System to Enhance Transparency, Accountability, and Public Participation in the Philippine Budget Process

Date Filed: September 8, 2025 

Principal Author: Negros Occidental 3rd District Rep. Javier Miguel Benitez

Bill Status: Pending with the Committee on Appropriations since September10, 2025

Objectives

• To promote the growth and development of blockchain technology in the Philippines.
• To position the country as a leader in blockchain innovation in Asia.
• To create an enabling regulatory and economic environment for blockchain adoption.

Key Provisions

• Establishment of a Blockchain Technology Development Council to oversee policy-making and implementation.
• Creation of programs to support research, development, and innovation in blockchain.
• Promotion of blockchain adoption in government, finance, trade, supply chains, healthcare, and other sectors.
• Support for capacity-building and skills development in blockchain.

Implementing Agencies

• The proposed Blockchain Technology Development Council will serve as lead agency, with coordination from ICT, finance, and education agencies.

Funding / Appropriations

• To be included in the General Appropriations Act and other available government resources.

Penalties / Compliance

• The bill is primarily developmental in nature; no penalties are emphasized.

Significance

• Establishes a national framework for blockchain promotion and regulation.
• Encourages innovation and investment in the blockchain sector.
• Enhances public service delivery, business efficiency, and digital competitiveness.

BitPinas Article: Negros Occidental Rep Files Bill For Blockchain-Based Budget System

HB 4489: Philippine National Budget Blockchain Act

Full Title: An Act Mandating the Establishment and Implementation of a National Budget Blockchain System to enhance Transparency, Accountability, and Public Participation in the Philippine Budget Process

Date Filed: September 9, 2025 

Principal Author: FPJ Panday Bayanihan Partylist Representative Brian Daniel Poe Llamanzares

Bill Status: Pending with the Committee on Appropriations since September 15, 2025

Objectives

• To promote transparency, accountability, and good governance in the management and disbursement of public funds.
• To ensure that every allocation, disbursement, procurement, and expenditure is recorded, traceable, and verifiable.
• To increase public participation and oversight in the budget process by giving citizens and oversight institutions real-time access to budget data.

Key Provisions

• The Department of Information and Communications Technology (DICT), together with Department of Budget & Management (DBM) and Commission on Audit (COA), shall create a system where all national budget activities are recorded as DPAs on blockchain.
• Records from budget preparation, legislation, execution, audit etc., shall be included.
• Smart contracts may be used to automate fund releases contingent on milestone verifications.
• A public-facing portal is to be provided so that citizens, COA, and oversight bodies can verify in real time the flow of funds down to specific agencies, projects, and beneficiaries.
• Existing government financial systems (budgeting, procurement, reporting) must be interoperable / anchor to the blockchain system.
• System Features:
  • Immutability: Transactions cannot be altered or deleted.
  • Decentralization: Validation distributed across multiple institutions.
  • Traceability: Funds tracked from appropriations to final use.
  • Security/Resilience: Cryptographic safeguards, redundancy, and disaster recovery.
  • Interoperability: Compatibility with current and future government systems.

Implementing Agencies

• The DICT will lead the development and maintenance of the blockchain budget system with support from the DBM for data integration and the COA for audit standards.
• All government agencies and Government-Owned or Controlled Corporation (GOCCs) are mandated to integrate their systems and submit timely reports.

Funding / Appropriations

• Initial Funding: ₱500,000,000 for the first phase (setup, development, capacity building) from existing national funds.
• Ongoing Funding: Further amounts as necessary to maintain, integrate, and run the system will be included in future national budgets.

Penalties / Compliance

• While the bill does not set explicit penalties, it requires agencies to integrate systems, submit timely reports, and meet standards, with failure to comply constituting a violation of the law once enacted.

Significance

• Would significantly increase transparency and traceability in the national budget process, potentially reducing corruption, misuse, leakages.
• Provides citizens, oversight bodies (like COA), and the general public with real-time access to data on how public funds are allocated, disbursed, and used.
• Modernizes government financial management, aligns with digital governance best practices.

BitPinas Article: Rep. Brian Poe Files Bill to Place National Budget on Blockchain

HB 4611: 

Full Title: An Act Mandating the Use of Blockchain Technology in the Formulation, Implementation, and Monitoring of the Government Budget to Promote Open Governance and Citizen Engagement

Date Filed: September 16, 2025 

Principal Author: Calamba City Rep. Charisse Anne C. Hernandez

Bill Status: Pending First Reading

[Note: The House of Representatives has not released the bill’s copy as of this writing. This report will be updated as soon as the information is available.]

BitPinas Article: Calamba Representative Files 4th Blockchain Bill in Lower House

SBN 1330: Blockchain the Budget Bill

Full Title: An Act Mandating the Establishment and Implementation of a National Budget Blockchain System to Enhance Transparency, Accountability, and Public Participation in the Philippine Budget Process

Date Filed: September 2, 2025 

Principal Author: Senator Paolo Benigno “Bam” Aquino IV

Bill Status: Pending in the Committee since September 17, 2025

Objectives

• To promote transparency, accountability, and good governance in public fund management.
• To leverage blockchain technology to provide an immutable, tamper-evident, and transparent record of all government financial transactions.
• To ensure allocations, disbursements, procurements, and expenditures are publicly accessible in real time to enhance trust and participation.

Key Provisions

• The DICT, DBM, and COA shall establish a blockchain-based system where all records of the national budget are recorded as Digital Public Assets (DPAs).
• Through smart contracts, fund releases are automated upon fulfillment of verifiable milestones.
• Real-time public access to budget allocations, disbursements, and expenditures.
• All government financial management systems must comply with blockchain interoperability standards.
• System Features:
  • Immutability: Permanent, tamper-proof records
  • Decentralization: Validation across independent institutions
  • Traceability: End-to-end tracking of funds
  • Security and Resilience: Strong cryptographic safeguards
  • Interoperability: Compatibility with existing and future government systems

Implementing Agencies

• The DICT will serve as the lead implementing agency, responsible for the design, deployment, and maintenance of the system in partnership with private sector and academic institutions. 
• The DBM will ensure the integration of the budget process and the timely provision of accurate data. 
• The COA will incorporate blockchain technology into its audit processes, while all government agencies and government-owned and controlled corporations (GOCCs) are mandated to integrate their financial management systems into the blockchain platform.

Funding / Appropriations

• ₱500 million appropriated from the National Treasury for initial implementation (research, infrastructure, integration, and capacity building). 
• Continuing funding to be included in the annual General Appropriations Act.

Penalties / Compliance

• No explicit penalties stated. Compliance is mandated by requiring all government agencies and GOCCs to integrate financial systems with the blockchain platform.

Significance

• Enhances transparency and accountability in public fund management.
• Empowers citizens and oversight bodies with real-time access to budget information.
• Strengthens audit processes through immutable, verifiable data.
• Positions the Philippines as a global innovator in public finance governance using blockchain technology.

BitPinas Article: Bam Aquino Pushes Blockchain For Government Records

Bitcoin Bills

HB 421: Strategic Bitcoin Reserve Act

Full Title: An Act Creating the Strategic Bitcoin Reserve and Appropriating Funds Therefor

Date Filed: June 30, 2025

Principal Author: Camarines Sur 5th District Representative Miguel Luis Villafuerte

Bill Status: Pending with the Committee on Banks and Financial Intermediaries since July 29, 2025

Objectives

• To  create a Strategic Bitcoin Reserve for the Philippines.
• To function as an asset holding, presumably to diversify the country’s reserves or strategic assets.
• To ensure that the holdings are geographically dispersed to reduce risk. 

Key Provisions

• Establishes a “Strategic Bitcoin Reserve” as an official instrument of government policy. 
• Facilities that store or otherwise manage the reserve must be located in varied geographic locations across the Philippines to mitigate risk.

Implementing Agencies

• The bill points to the Bangko Sentral ng Pilipinas (BSP) to be responsible for purchasing, holding, safeguarding, and managing the Bitcoin Reserve. The Congress is noted to be in charge of legislative oversight, setting the framework, receiving reports, approving extensions or releases.

Funding / Appropriations

• The bill does not specify a fixed budget appropriation in fiat currency in the sources, but the BSP will need to allocate resources for acquiring Bitcoin each year (2,000 BTC/year for five years) and for secure storage, auditing, reporting.

Penalties / Compliance

• The bill constrains what the BSP may not do — e.g. no sales, swaps, disposal during the lock-up except under specified conditions; after lock-up, limited percentages. Violation of these constraints would likely be non-compliant with the law.

Significance

• If passed, the Philippines would become one of the earliest (and possibly first in Southeast Asia) countries to formally institute a sovereign Bitcoin reserve by law. 
• Could enhance the country’s financial resilience, especially against inflation, currency devaluation, or global financial instability.
• May influence future policy discourse in the Philippines (and regionally) on digital assets and how they can be integrated into national finance.

BitPinas Article: Bitcoin Strategic Reserve Bill Filed in Philippine Congress

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