GM! In today’s weekly news recap, these are some of the biggest stories we covered:
📕 Compiling the list of blockchain bills filed in the Philippines’ 20th Congress.
🚧 Department of Public Works and Highways (DPWH) to use blockchain initially to track foreign-assisted projects.
🤝 New bill wants to create a “National Crypto Council”
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🇵🇭 New Feature Article: List of Blockchain Bills Filed in the Philippines
More blockchain-related bills are being filed in the Philippine Congress. While the most publicized of them all was the bill of Sen. Bam Aquino, here are the two new additions as per last week:
Rep. Iris Marie Demesa Montes of 4K Party-List filed House Bill No. 4853, “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”
Rep. Egay Erice of Caloocan filed House Bill No. 4792, “An Act to Create the National Council on Digital Assets and Tokenized Investments (NCDATI) for the Purpose of Establishing a National Framework for Real-World Asset Tokenization, Responsible Cryptocurrency Adoption, Stablecoin Utilization, Development of Local and Foreign Exchanges, Promotion of Decentralized Finance, and Retail Acceptance of Crypto Payments, Providing for Citizen Participation, Investor Protections, and for Other Purposes.”
Check out the full list of blockchain-related bills in the Philippines here.
🛣️ DPWH Blockchain-Powered Transparency System Launched by Civic Initiative Integrity Chain
Integrity Chain, a civic initiative led by Donald Lim as lead convenor, introduced its blockchain-powered transparency platform on September 24, 2025, for adoption by the Department of Public Works and Highways (DPWH).
DPWH will formally adopt the system through a signing ceremony on September 30 at the Asian Institute of Management (AIM). The rollout will start with recording Foreign Assisted Projects (FAPs) on the blockchain. Bayanichain is powering the initiative.
Donald Lim, President and Chief Operations Officer at DCME Holdings Inc, is also a founding member of the Blockchain Council of the Philippines.
The platform is powered by BayaniChain (BYC) Ventures using its Lumen and Prismo technologies. They previously built the Department of Budget and Management’s blockchain system for Special Allotment Release Orders (SAROs) and Notices of Cash Allocation (NCAs), as well as GoodGovChain, the governance platform piloted in Baguio City.
The initiative comes at a critical time for DPWH, which has faced criticism over recent flood control projects flagged for cost overruns, delays, and allegations of substandard construction.
Multiple congressional hearings and a widespread rally in the previous days have called out this corruption in the department.
⚖️ Philippines House Bill 4792 Proposes National Framework for Crypto, RWA, DeFi, and Crypto Exchanges
The House of Representatives has officially recorded the filing of House Bill No. 4792, authored by Caloocan Rep. Edgar R. Erice, which seeks to establish a National Council on Digital Assets and Tokenized Investments (NCDATI).
Filed on September 23, 2025, the measure is titled “An Act to Create the National Council on Digital Assets and Tokenized Investments (NCDATI) for the Purpose of Establishing a National Framework for Real-World Asset Tokenization, Responsible Cryptocurrency Adoption, Stablecoin Utilization, Development of Local and Foreign Exchanges, Promotion of Decentralized Finance, and Retail Acceptance of Crypto Payments, Providing for Citizen Participation, Investor Protections, and for Other Purposes.”
A clear breakdown of the bill’s title reveals what it seeks to develop:
Establish the National Council on Digital Assets and Tokenized Investments (NCDATI).
Build a national framework for:
Real-world asset tokenization (turning assets like real estate, commodities, or securities into digital tokens).
Responsible cryptocurrency adoption (rules for safe use and integration of crypto in the economy).
Stablecoin utilization (framework for the use of stablecoins).
Development of local and foreign exchanges (supporting both domestic and international trading platforms).
Promotion of decentralized finance (DeFi)
Retail acceptance of crypto payments (making crypto usable in everyday transactions).
Provide for citizen participation in the framework.
Include measures for investor protections.
A catch-all scope (for other purposes) means the bill leaves space for additional crypto and tokenization-related regulations as needed.
🇵🇭 Around the Philippines
🏎️ Scene on the Ground: EveryX IRL Watch Party
The community of prediction platform EveryX gathered for its IRL Watch Party of the Azerbaijan GP Race Night.
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Final words
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By Michael Mislos, Editor-in-Chief, BitPinas