Michigan

Highlights: Michigan advances bill to allow cryptocurrency holdings in official state financial reserves. The proposal includes strict crypto security rules like encryption, audits, and multi-party approvals. Michigan joins the growing list of states exploring Bitcoin reserves for budget diversification. Michigan […]

Highlights: Michigan plans to invest retirement funds in Bitcoin as the coin reaches a new ATH. The new crypto bills in Michigan propose a ban on CBDCs and offer mining rights. Other states are in the process of passing crypto […]

Highlights: Michigan introduces HB 4087, aiming to establish a state crypto reserve.  The bill allows Michigan’s treasurer to allocate 10% of funds to cryptocurrencies. Twenty U.S. states propose Bitcoin reserves, potentially creating $23 billion in buying pressure. On February 13, […]