Put National Budget On-Chain, Philippine Senator Proposes: Bitcoin Hyper Rises as a Best Investment in this Context
The Philippines could be the first country in the world to put its national budget on a blockchain if the proposal of one of its senators pushes through.
Senator Paolo Benigno Aquino IV shared this suggestion during yesterday’s session at the Manila Tech Summit.
While no concrete plans have been made to implement this, having a country’s budget on-chain could provide transparency and combat corruption, as it ensures records are validated, immutable, and verifiable.
The move could also increase the adoption of blockchain technology among citizens, as it would encourage them to interact with the tech to see how their government is spending their hard-earned tax money.
Moreover, governments could eventually switch to using blockchain tech for payments (e.g., taxes), similar to how some tokens like Bitcoin Hyper ($HYPER) will be used to pay for gas fees and other transaction fees within their respective ecosystems.
Check out our ‘What Is Bitcoin Hyper’ guide to learn more!
August 28, 2025 * 10:00 UTC
BlackRock is now the biggest Bitcoin custodian after its IBIT spot ETF holdings hit 745,357 $BTC.
By comparison, Coinbase’s holdings sit at 706,150 $BTC and Binance’s at 584,557 $BTC, according to recent onchain figures. The signal is clear: the flow of money is shifting; institutions are moving away from exchanges to secure their holdings through regulated ETFs.
While this means potentially tighter liquidity, the bigger picture entails wider, easier Bitcoin exposure for retail – especially with hedge and pensions funds turning their attention to crypto.
The crypto market is preparing for growing Bitcoin network activity and demand as $BTC’s daily trading volume is still in the green.
Solutions like Bitcoin Hyper ($HYPER), a new blockchain solution to upscale Bitcoin, are getting a lot of retail attention right now. With nearly $12.5M raised on presale so far and over 44,000 transactions recorded, the Hyper presale is one of the most popular crypto projects right now.
