🇺🇸 In Michigan, four cryptocurrency bills were introduced
Pension funds will be able to invest in cryptocurrencies (with a market capitalization of $250 million+) through exchange-traded products.
Ban on supporting CBDC: government officials are prohibited from promoting the digital US dollar.
BTC mining at abandoned oil and gas fields: a regulated program is proposed to be created.
Taxes on income from mining: amendments to the tax code in case the program is adopted.
This is one of the largest packages of crypto initiatives at the state level in recent times.