Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated.
📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter.
Edited as of July 25, 2025 at 2:29 pm: While Coach Miranda Miner used the phrase “… as we form Crypto Rights Party List” in one of his posts, a member of the IMPACT group clarified that this is still a survey of community interest, not a formal filing.
Filipino crypto educator, entrepreneur, and influencer Arlone Paul Abello, also known as Coach Miranda Miner, is surveying the web3 community across the country on the potential creation of the Philippines’ first-ever Crypto Rights Party List, a political initiative aiming to represent the interests of the local blockchain and cryptocurrency community in Congress.
Crypto Rights Party List
In two Facebook posts (1,2), Abello, founding chairman of the Innovative Movement of the Phil Assoc of Crypto Traders (IMPACT), invited the community to join the movement.
“5 minutes of your time, so we change Crypto Pinas forever! as we form [the] Crypto Rights Party List. Sign up!”
Arlone Paul Abello, Founding Chairman, Innovative Movement of the Phil Assoc of Crypto Traders (IMPACT)
An accompanying online form titled “Crypto Rights Party List in the Philippines | ‘I Support’ Form” gathers responses from individuals willing to back the initiative. It asks whether respondents are registered voters.
Gauging Public Support — Says Impact Group
In a response to BitPinas, IMPACT is currently gauging public support for the potential formation of a crypto-focused party list in the Philippines, according to its co-founder Atty. Clarizel King. She emphasized that the initiative will only move forward if there is clear and organic backing from the community.
King said the goal is not political ambition, but representation, giving voice to a new generation navigating the digital economy. She added that IMPACT and the Philippine Association of Crypto Traders remain committed to education, integrity, and financial empowerment, regardless of the outcome.
“If this effort gains traction, it can open new doors for responsible innovation and regulatory collaboration. If not, we will continue to serve through other ways.”
Atty. Clarizel King, co-founder, IMPACT
At the time this article is written, around 1,200 individuals have signed in support of the proposal.
The proposed party list aims to advocate for policies that will safeguard crypto-related rights, promote blockchain innovation, and provide clearer regulatory frameworks for digital assets in the Philippines.
IMPACT and GMMC Initiatives
Apart from the proposed party list, trader organization Innovative Movement of the Phil Assoc of Crypto Traders (IMPACT), as well as Abello’s Global Miranda Miner Group (GMMG), have been active in education initiatives in the country.
In 2023, the CrypTalk: Education Caravan, a joint initiative by GMMG and crypto exchange BingX, was launched to educate Filipinos on crypto and blockchain technologies. The caravan toured 12 Philippine universities, including UST, PUP, and Ateneo de Naga.
In addition, in 2024, IMPACT brought the CrypTalk initiative to Bohol. The event drew over 1,000 students from institutions like Bohol Northern Star College and University of Bohol. DICT Bohol endorsed the initiative.
Current Legal Status of Crypto in PH
As of July 5, 2025, the Philippines has implemented its most comprehensive crypto regulations to date through SEC Memorandum Circular Nos. 4 and 5, Series of 2025. These rules apply to all crypto asset service providers (CASPs), including exchanges, issuers, marketers, and platforms that offer or facilitate crypto-related services.
Under the framework, crypto assets used for payments fall under the jurisdiction of the Bangko Sentral ng Pilipinas (BSP), while those considered securities are regulated by the Securities and Exchange Commission (SEC).
All CASPs are required to register with the SEC and comply with strict reportorial requirements. These include monthly disclosures of financial data and wallet addresses, quarterly compliance reports, and annual audited financial statements.
Outsourcing is allowed but tightly regulated. CASPs are fully responsible for the actions of third-party service providers, who must meet the same standards set by the SEC.
BitPinas articles on CASP Rules:
Livestream Webcasts About CASP:
This article is published on BitPinas: Coach Miranda Miner Backs Formation of Crypto Rights Party List in the Philippines
What else is happening in Crypto Philippines and beyond?
