Update: Senate Passes CADENA, Previously ‘Blockchain the Budget’ Bill on Third Reading
Senator Bam Aquino announced that the chamber approved the bill “without objection” following the period of amendments.
Senator Bam Aquino announced that the chamber approved the bill “without objection” following the period of amendments.
The directive was issued during a meeting with the Legislative-Executive Development Advisory Council (LEDAC) on Tuesday morning, December 9.
Sen. Panfilo Lacson files a bill strengthening the Anti-Money Laundering Council by expanding its authority and formally including virtual asset service providers and other sectors under AMLA supervision.
BSP Deputy Governor Zeno Abenoja said most proposals center on dollar-backed stablecoins, with fewer focused on peso-backed options.
Senate Bill 1463, filed by Senator Tulfo, joins existing blockchain budget measures, to promote transparency and accountability in government spending.
Galing sa Puso Party-list’s new bill seeks a blockchain-powered system to make national budget data transparent and tamper-proof.
The SEC has approved Blockshoals to test crypto infrastructure services in its regulatory sandbox with an undisclosed global exchange partner.
Ralph Recto has been appointed Executive Secretary following Cabinet resignations tied to a flood control scandal.
The SEC’s Fintech Forward 2025 event promoted financial literacy and strengthened dialogue with the Philippine crypto community on innovation, regulation, and investor protection.
The Senate backed the CADENA Act, a rebranded blockchain bill that mandates real-time, tamper-proof transparency in all government spending.