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Regulation

Philippine Lawmakers Renew Push to Advance Blockchain Budget Bill

Image: TokenPost

Sen. Bam Aquino and Mamamayang Liberal Party-list Rep. Leila de Lima are pressing the Philippine House of Representatives to advance the CADENA Act, a proposal to track government spending on an immutable ledger. Their appeals came as Congress deliberates the proposed 2027 national budget. The Citizen Access and Disclosure of Expenditures for National Accountability Act would let citizens inspect line-item transactions in national government expenditures. Aquino has argued that public oversight should continue after lawmakers approve appropriations, allowing people to follow how agencies disburse public money. The Senate passed Senate Bill No. 1506 unanimously on third and final reading in December 2025. De Lima later filed a similar measure in the House to mirror the Senate-approved version and avoid delays from reconciling different bills.

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