Bitcoin Market Outflows and the Philippines Strategic Reserve

Bitcoin Market Outflows and the Philippines Strategic Reserve

How BlackRock’s Outflows Affect Bitcoin The cryptocurrency market is currently witnessing a significant and sustained institutional exodus, with major players like BlackRock leading the charge. This trend has created notable selling pressure on Bitcoin, contributing to its recent price consolidation. BlackRock’s iShares Bitcoin Trust, or IBIT, recorded a substantial outflow of nearly $200 million in…

Philippines Proposes Bill to Buy 10,000 Bitcoin for National Reserves

Philippines Proposes Bill to Buy 10,000 Bitcoin for National Reserves

A Groundbreaking Legislative Push for a National Bitcoin Reserve In a move that could redefine the Philippines’ financial strategy, a groundbreaking new bill is gaining attention for its proposal to incorporate Bitcoin into the nation’s strategic reserves. Philippine Representative Miguel Luis R. Villafuerte introduced House Bill No. 421, formally titled “An Act Creating the Strategic…

SEC Cracks Down on Crypto New Rules Target Investor Safety and Rogue Platforms

SEC Cracks Down on Crypto: New Rules Target Investor Safety and Rogue Platforms

SEC Rolls Out Crypto Rules to Boost Innovation and Protect Investors The Philippine Securities and Exchange Commission (SEC) has released new regulations to govern the operations of crypto-asset service providers (CASPs). The rules, under Memorandum Circular Nos. 4 and 5, Series of 2025, were issued to balance the promotion of innovation with the need to…