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The Innovative Movement of the Philippine Association of Crypto Traders (IMPACT) is spearheading the formation of the Crypto Rights Party List, a legislative initiative designed to secure formal representation for the country’s blockchain and digital asset community in Congress.

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The movement is currently in its initial organizing phase, with an open call for supporters across the crypto ecosystem to participate through a public sign-up form. The Crypto Rights Party List seeks to bring together a wide range of stakeholders—traders, developers, NFT artists, educators, and Web3 advocates—under a unified legislative platform focused on blockchain education, user protection, and innovation-friendly regulation; as what can be inferred from their public vision statement. 

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Impact PH, a long-standing advocate for crypto awareness and responsible participation in the digital economy, is leading this effort. The organization has worked across communities to promote financial literacy, spotlight use cases of blockchain technology, and raise awareness of crypto-related risks and opportunities.

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The mobilization of the movement marks a timely and decisive initiative amid a wave of global crypto policy developments. In the United States, the GENIUS Act proposes the integration of digital asset education into the national curriculum. The United Arab Emirates and South Korea continue to expand formal governance frameworks for crypto assets. Meanwhile, the United Kingdom and Hong Kong are positioning themselves as hubs for blockchain innovation through clear regulatory standards.

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In the Philippines, the crypto community remains highly active, albeit largely underrepresented in formal policy discussions. While regulators have issued guidelines in recent years, the creation of a dedicated Party List marks the first organized attempt to formally embed blockchain sector representation in the country’s legislative process.

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This month, the CASP regulatory framework officially took effect, signaling the country’s move toward comprehensive oversight of virtual asset service providers. Looking ahead, the Philippines has also committed to implementing the Crypto-Asset Reporting Framework (CARF) by 2027 or 2028.

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These developments underscore a clear reality: crypto regulation is no longer a tech dream—it’s becoming operational, even more so political day by day. 

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The Crypto Rights Party List positions the community not merely to comply with regulation, but to help define its direction. As frameworks evolve, so must representation.

This movement is a first step in ensuring that Filipino crypto voices are not just heard—but counted. 

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For anyone who’d like to express their support, Impact PH encourages people to fill out this form (https://forms.gle/cG3nwDyv42zLtntf8). 

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