[Philippine Lawmaker Proposes Establishing a National Strategic Bitcoin Reserve: Plan to Purchase 2,000 BTC Annually for 5 Years] According to NLNico, citing Philippine lawmaker Miguel Luis R. Villafuerte's proposed 'HB 421 Bill,' the Philippines plans to purchase 2,000 Bitcoin annually through the central bank (BSP) for five years, totaling 10,000 Bitcoin. These Bitcoin will be stored for 20 years to enhance national security and stabilize the debt structure. The bill aims to establish a strategic Bitcoin reserve to diversify asset allocation, ensure financial stability, and address the increasingly significant role of global cryptocurrencies in the financial system.