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U.S. Representative Begich plans to rename and restart the bill on a strategic Bitcoin reserve, turning a Trump executive order into legislation

2026-07-28 00:16:03

ME News, April 28 (UTC+8): U.S. Congressman Nick Begich said at the Bitcoin 2026 conference that he plans to reintroduce his Bitcoin strategic reserve bill in the coming weeks, renaming the original “BITCOIN Bill” to the “Modernization of the U.S. Reserve Act.” The bill aims to codify President Trump’s executive order, establish a permanent Bitcoin reserve, require that Bitcoin be held “for a very long time,” and acquire 1 million BTC within five years through a “budget-neutral strategy.” Begich said the renaming is intended to help Congress and people nationwide better understand the bill’s goals, and to ensure that Bitcoin is treated as a reserve asset. He also noted that, given uncertainty about the next administration’s stance on digital assets, now is the time to lock in the results by having Congress take action. (Source: ODAILY)

BTC-2.83%

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