{"id":158015,"date":"2025-05-23T20:52:19","date_gmt":"2025-05-23T17:52:19","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=158015"},"modified":"2025-05-23T20:54:23","modified_gmt":"2025-05-23T17:54:23","slug":"best-crypto-to-buy-now-as-michigan-declares-war-on-crypto-confusion","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/best-crypto-to-buy-now-as-michigan-declares-war-on-crypto-confusion\/","title":{"rendered":"Best Crypto to Buy Now as Michigan Declares War on Crypto Confusion"},"content":{"rendered":"

Michigan\u2019s legislature introduced four pivotal bills<\/a><\/span>, signaling a new phase in crypto policy. In one session, lawmakers advanced proposals to allow pension funds to invest in digital assets, prohibit state-backed CBDCs, authorize Bitcoin mining at abandoned energy sites, and revise tax rules for mining revenue.\u00a0<\/span><\/p>\n

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This coordinated effort reflects the balancing act of embracing innovation while mitigating risks\u2014a debate now attracting broader attention. As observers weigh whether public retirement systems will integrate Bitcoin or reject state-backed digital currencies, the crypto market faces a notable development.<\/p>\n

These legislative moves highlight the importance of strategic asset selection, making the best crypto to buy now those aligned with regulatory progress and real-world utility in evolving frameworks.<\/p>\n

Michigan Goes All-In on Crypto with Four Bold New Bills<\/h2>\n

On May 21, Michigan lawmakers took a bold step by introducing four crypto-focused bills in a single day, covering a wide range of topics from retirement fund investments to Bitcoin mining and central bank digital currencies (CBDCs).<\/p>\n

First up, Republican Representative Bill Schuette introduced House Bill 4510, which would tweak Michigan\u2019s Public Employee Retirement System Investment Act.<\/p>\n

If passed, it would let the state treasurer\u2014currently Rachael Eubanks\u2014invest in cryptocurrencies with an average market cap above $250 billion over the past year.<\/p>\n

Right now, only Bitcoin and Ether fit the bill. But here\u2019s the catch: any crypto investments must be made through exchange-traded products issued by registered investment firms.<\/p>\n

A similar proposal from February aimed to allow up to 10% of Michigan\u2019s Budget Stabilization Fund to go into crypto.<\/p>\n

On the flip side, House Bill 4511, led by Republican Rep. Bryan Posthumus, takes a defensive stance. It would bar the state from banning crypto, requiring licenses for holders, or promoting a federal CBDC. That includes any memos or official endorsements related to CBDC testing or implementation.<\/p>\n

Then there\u2019s HB 4512, spearheaded by Democrat Mike McFall and a bipartisan team. This bill would set up a Bitcoin mining program at abandoned oil and gas sites. Operators would need to prove their mining chops, submit legal and structural documents, and provide breakeven estimates.<\/p>\n

Finally, HB 4513\u2014also backed by McFall\u2014seeks to update income tax rules to include profits from this mining program. In a nutshell, Michigan\u2019s looking to put crypto on the map in more ways than one.<\/p>\n

Best Crypto to Buy Now<\/h2>\n

With Michigan\u2019s political earthquake still reverberating, the market is ripe for seismic movers of its own. Forget the boardroom suits and dusty ledger books\u2014today, we dive into the best crypto to buy now, poised to ride this tectonic shift. Strap in as we explore which digital champions could ride the aftershocks of a state that just dared to rewrite the rules.<\/p>\n

SUBBD<\/h3>\n

Born for breakout moments, SUBBD\u2019s<\/a> on-chain momentum mirrors Michigan\u2019s pension pivot, tempting bold portfolios with a fusion of yield and narrative power that speaks to governance gatekeepers.<\/p>\n

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A platform is emerging that\u2019s helping creators push boundaries and revolutionize the $85 billion content creator industry\u2014SUBBD, an innovative AI-powered crypto subscription platform.<\/p>\n

In recent times, content creators have been facing significant challenges as they navigate a complex ecosystem where platforms claim between 15\u201320% of their earnings.<\/p>\n

SUBBD offers a solution by empowering creators to focus on their core creative work while scaling their production with ease.<\/p>\n

Thanks to AI agents, resource-intensive tasks like automated interactions, video editing, monetization strategy development, and livestream management can be handled effortlessly.<\/p>\n

With a growing fanbase of 118K on X, SUBBD is carving out a new genre of AI-driven content. Creators can now bring their visions to life\u2014imagine it, and make it real with an AI IT Girl, ready to capture the hearts of audiences worldwide.<\/p>\n

Solaxy<\/h3>\n

When legislatures crack open new mining frontiers, Solaxy\u2019s<\/a>\u00a0network resilience and eco-forward ethos sparkle like clean rigs at sunset\u2014a poetic counterpoint to fossil pasts.<\/p>\n

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With only 22 days left before its presale funding ends, Solaxy is showing no signs of slowing down\u2014having recently surpassed the $39 million mark in its presale.<\/p>\n

Solaxy presents itself as the inaugural project to adopt Layer 2 technology on Solana. While more popularly linked with Ethereum\u2014where they assist with combating high gas fees and sluggish transactions\u2014Solaxy takes this advancement to the world of Solana.<\/p>\n

So, what does Solaxy do? It offloads transactions from the Solana chain and bundles them for efficient settlement on Solana\u2019s mainnet, using what\u2019s known as roll-up technology. According to well-known crypto YouTuber 99Bitcoins<\/a>, Solaxy could deliver parabolic returns in the near future.<\/p>\n