Lege TREND. Blockchain and Bitcoin Bills.

Michigans HB 4103 (2019 | MI) would:

• add bitcoina nd blockchain into existing legal & financial statutes
• prohibit rackteering related to blockchain and bitcoin
• apply existing financial crimes to crimes utilizing blockchain, distributed ledger techniology and bitcoin

The definition of cryptocurrency used in Michigan: “digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, and that operates independently of a central bank.”

Detroit News | Bitcoin, blockchain crime bills clear Michigan House