U.S. Representative Begich Plans to Reintroduce and Rename the Bitcoin Strategic Reserve Act, Codifying Trump's Executive Order

Odaily Planet Daily News: U.S. Representative Nick Begich stated at the Bitcoin 2026 conference that he plans to reintroduce his Bitcoin Strategic Reserve Act in the coming weeks, renaming the original "BITCOIN Act" to the "U.S. Reserve Modernization Act." The bill aims to codify President Trump's executive order into law, establishing a permanent Bitcoin reserve, requiring Bitcoin to be held for a "very long time," and acquiring one million Bitcoins over five years through a "budget-neutral strategy." Begich stated that the renaming is intended to help Congress and the American people better understand the bill's objectives, ensuring Bitcoin is treated as a reserve asset. He also noted that given the uncertainty of the next administration's stance on digital assets, Congress should seize the current opportunity to lock in achievements through legislative action. (The Block)