Michigan Goes Crypto: Lawmakers Drop Trio of Bills Targeting State Investments, Mining, and Digital Dollars

Michigan’s legislature just fired a three-shot salvo into the crypto wild west—and Wall Street’s already reaching for its pearl necklace.

State investments get a blockchain makeover

The first bill greenlights treasury exposure to digital assets, because nothing says ’prudent fiscal management’ like letting bureaucrats trade memecoins between budget meetings.

Mining operations get legal armor

Second proposal shields crypto miners from local bans, effectively turning the Great Lakes State into a proof-of-work sanctuary—energy lobbyists already popping champagne.

CBDC counterstrike

The knockout punch? An outright ban on state participation in Federal digital dollar pilots. Take that, big brother—Michigan’s keeping its monetary sovereignty even if it means using 19th-century banknotes.

While D.C. waffles on crypto regulation, states are going full ’move fast and break things.’ Whether this sparks a Midwest crypto corridor or becomes a cautionary tale depends on who’s holding the bag when the music stops.