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@ tzongocu
2025-05-23 02:01:08
📰 News Alert...
🔖 Title: Michigan Lawmakers Introduce Four Groundbreaking Crypto Bills
🗓️ Published: 2025-05-21T10:00:00-04:00
📄 Summary: In a significant move for cryptocurrency regulation, Michigan lawmakers have proposed four new bills aimed at integrating crypto into state frameworks. Led by Republican Representative Bill Schuette, House Bill 4510 seeks to allow state retirement funds to invest in major cryptocurrencies like Bitcoin and Ether. Another bill, spearheaded by Representative Bryan Posthumus, would prohibit the state from banning cryptocurrency or any federal central bank digital currency (CBDC). Additionally, two bills aim to enhance Bitcoin mining operations in the state, utilizing abandoned oil and gas sites as potential platforms for crypto mining. These initiatives could position Michigan as a frontrunner in blockchain investment and regulation.
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https://cointelegraph.com/news/michigan-lawmakers-introduce-four-crypto-bills?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
🗞️ Source: Cointelegraph by Brayden Lindrea
💓 #CryptoRegulation #BlockchainInnovation #MichiganCrypto