Michigan’s crypto reserve bill has advanced to the committee stage, allowing 10% state investment in digital assets. Michigan has taken the next step for its strategic crypto reserve bill, which moved to a second reading on Thursday. The Michigan House Bill 4087, which would allow the state to invest in crypto assets under specific conditions, has moved to a second reading and was referred to the Committee on Government Operations.The legislation amends the Michigan Management and Budget Act to establish guidelines for a strategic crypto reserve, though it does not mention Bitcoin (BTC) specifically. Read more Michigan’s crypto reserve bill has advanced to the committee stage, allowing 10% state investment in digital assets. Michigan has taken the next step for its strategic crypto reserve bill, which moved to a second reading on Thursday. The Michigan House Bill 4087, which would allow the state to invest in crypto assets under specific conditions, has moved to a second reading and was referred to the Committee on Government Operations.The legislation amends the Michigan Management and Budget Act to establish guidelines for a strategic crypto reserve, though it does not mention Bitcoin (BTC) specifically. Read more
Michigan pushes ahead with strategic crypto reserve bill
Michigan’s crypto reserve bill has advanced to the committee stage, allowing 10% state investment in digital assets.
Michigan has taken the next step for its strategic crypto reserve bill, which moved to a second reading on Thursday.
The Michigan House Bill 4087, which would allow the state to invest in crypto assets under specific conditions, has moved to a second reading and was referred to the Committee on Government Operations.
The legislation amends the Michigan Management and Budget Act to establish guidelines for a strategic crypto reserve, though it does not mention Bitcoin (BTC) specifically.
Read more
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