State and federal lawmakers are driving significant changes in crypto regulation, aiming to clarify how digital assets fit into the American economy. Recent bills in Michigan and Representatives Tom Emmer and Ritchie Torres’s Blockchain Regulatory proposal show a growing resolve among US policymakers to address the opportunities and challenges of digital assets. Michigan’s Crypto Legislation: Investment, Rights, and Mining Michigan lawmakers have introduced four new House Bills, representing a sweeping approach to crypto regulation. HB 4510 would allow state retirement funds to invest in major cryptocurrencies, but only through regulated products like exchange-traded funds
source: https://beincrypto.com/us-lawmakers-crypto-regulation-michigan/