Michigan Bitcoin Reserves Act HB 4087 advances to the second reading of the House

BlockBeats News, on September 19, according to Cointelegraph, Michigan Bitcoin Reserves Act HB 4087 made its first progress since February, has advanced to the second reading stage of the House and has been submitted to the Government Operations Committee for consideration. The bill intends to allow state governments to invest up to 10% of state funds in cryptocurrencies.