Michigan Advances Bill To Build Crypto Reserve – Details
Michigan lawmakers moved a bill that would let the state hold crypto assets closer to a vote, advancing House Bill 4087 to a second reading in mid-September 2025. Related Reading: Israel’s Counter-Terror Unit Flags Large Stablecoin Flows Linked To Iran According to reports, the proposal would change the Michigan Management and Budget Act to create […]
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Michigan has recently taken a significant step in the realm of cryptocurrency policy, becoming the latest US state to propose the creation of a strategic Bitcoin reserve. On February 13, Representatives Bryan Posthumus and Ron Robinson introduced HB 4087, a bill aimed at amending the state’s Management and Budget Act. This proposed legislation would allow […]
Filipino lawmaker Representative Migz Villafuerte has introduced House Bill 421, which seeks to establish a strategic Bitcoin (BTC) reserve for the Philippines. The bill tasks the Bangko Sentral ng Pilipinas (BSP) with acquiring 10,000 BTC over the next five years. Philippines Politician Floats Strategic Bitcoin Reserve Bill Under the proposal, the BSP would be responsible […]
In a step toward integrating crypto into the country’s financial framework, Brazilian federal deputy Eros Biondini introduced a bill to create a national Bitcoin reserve. Brazil’s Proposed Bitcoin Reserve Bill Filed on Monday, the legislation proposes the establishment of the Sovereign Strategic Bitcoin Reserve (RESBit), which is designed to diversify the financial assets of Brazil’s […]
Cryptocurrency regulation in Paraguay is progressing steadily, as a crypto bill introduced in December has been approved by the Chamber of Representatives in the country. The bill, which contains definitions and rules for cryptocurrency mining, one of the hot topics in Paraguay due to the cheap electricity costs, will be passed to the Senate to be discussed.
Paraguay Advances Crypto Bill
Latam countries are taking cryptocurrencies in a more serious light, and are now working to approve cryptocurrency legal frameworks. This is the case of Paraguay, a country that has been....
Michigan Attorney General Bill Schuette’s office has released a broad advisory on digital currencies, stating they carry “real-life risk” and urging consumers to learn more about bitcoin and other currencies before purchasing or using them. The advisory echoes similar releases by other state agencies, many of which have been published in the last six months. Warnings cover price volatility, tax considerations and the broader digital risks that consumers face when spending on the Internet. In a statement, Schuette suggested that digital currencies need to be treated carefully by the....