According to Cointelegraph, Michigan Representatives Bryan Posthumus and Ron Robinson submitted HB 4087 on February 13th, proposing to amend the state's Management and Budget Act to establish a strategic reserve for Bitcoin. The bill allows state finance departments to invest in cryptocurrencies from general funds and economic stability funds, with a cap of 10%, and can hold cryptocurrency assets through secure custody solutions or ETF products of registered investment companies. The bill also allows state governments to earn additional income through cryptocurrency lending. Currently, 20 states in the United States have proposed similar bills. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=37894