Rep Cruz don submit di 10th Blockchain Bill for Transparency
Rep. Agatha Cruz introduce House Bill 4935 for September 29, 2025, wey dem wan set up National Budget Blockchain System wey go dey track government spending plus increase transparency, accountability and citizen participation. This blockchain bill be her tenth proposal wey dey use distributed ledger technology for public oversight and e still dey with House Committee on Appropriations. Earlier for September, Cruz file more transparency bills like HB 4612 on people right to information and HB 4770 wey no gree close relatives of officials to dey do government contracts. This blockchain bill na one for ten measures wey dem propose to make public services better and secure fiscal records. Dem include Strategic Bitcoin Reserve (HB 421), Blockchain Technology Development Council (HB 4380) and money for tamper-proof budget ledger (SBN 1330). All these blockchain laws show say Philippine legislature dey focus on digital governance, budget transparency and overall digital asset policy. For crypto traders, this one mean say blockchain solutions dey get more support from institution and fit clear regulatory way and increase government use of distributed ledger technology. Traders suppose dey watch regulatory updates well well as this National Budget Blockchain System fit set example for future digital asset integration plus affect market mindset.
Neutral
Government adoption of National Budget Blockchain System dey show say institution dey support distributed ledgers more, but e no directly involve cryptocurrency trading or token issuing. For short term, e no too likely say this news go move crypto prices well well. For long term, better regulations plus public institutions wey go use blockchain more fit make market get more confidence for blockchain tech, but the immediate market impact still dey neutral.