PANews April 28 news, according to The Block, U.S. Congressman Nick Begich stated 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 U.S. Reserves Act." The bill aims to legislatively establish the executive order of President Trump, creating a permanent Bitcoin reserve, requiring Bitcoin to be held "for a long time," and acquiring 1 million Bitcoins within five years through a "budget-neutral strategy." Begich said the name change is to help Congress and the public better understand the bill's objectives and ensure that Bitcoin is treated as a reserve asset. He also pointed out that due to the uncertainty of the next government's stance on digital assets, the current opportunity should be seized to lock in results and take action from Congress.

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