Michigan Advances Crypto Reserve Bill to Embrace Digital Assets

Michigan is advancing its House Bill 4087, allowing the state to invest up to 10% of its funds in cryptocurrencies, including Bitcoin. This legislative move, reflecting a growing acceptance of digital currencies, positions Michigan as a leader in the evolving financial landscape. The bill's progress after a seven-month delay signifies a proactive approach to innovation and economic growth, potentially influencing other states to adopt similar measures.