
PANews April 28 news, according to The Block report, White House Digital Assets Presidential Advisory Committee Executive Director Patrick Witt previewed a "significant announcement" regarding Trump's strategic Bitcoin reserve at the Bitcoin 2026 conference that will be released in the coming weeks. Witt stated that since Trump signed the executive order to establish a strategic Bitcoin reserve last year, the team has been studying relevant mechanisms and legal interpretations to ensure that digital assets (especially Bitcoin) on the government's balance sheet are properly protected and strengthened. Meanwhile, lawmakers are pushing to legislate Trump's executive action. The BITCOIN bill reintroduced by Senator Cynthia Lummis and Congressman Nick Begich has been renamed the "U.S. Reserve Modernization Act," which includes a plan to acquire one million Bitcoins over five years through a "budget-neutral strategy."
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