Michigan Advances Crypto Reserve Bill to Invest in 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 reflects a growing acceptance of digital assets in mainstream finance and positions Michigan as a leader in the evolving financial landscape. The bill's progress, after a seven-month delay, could attract investment and innovation, potentially influencing other states to adopt similar measures.