LANSING, Mich. — Senate Republican Leader Aric Nesbitt and House Regulatory Reform Committee Chair Joseph Aragona on Wednesday announced the formation of a bipartisan legislative Michigan Cryptocurrency and Financial Innovation Caucus to foster learning, discussion and policy development around cryptocurrencies and other financial technology issues.
“This caucus will help lawmakers learn and work together in order to bring forward the right policies to make Michigan a leader in this field and a place where innovation can flourish,” said Nesbitt, R-Porter Township. “Let’s work together to make Michigan the crypto capital of the nation.”
The announcement comes just weeks after the bipartisan Congressional Crypto Caucus was formed to prioritize the advancement of digital assets and blockchain technology and provide a federal regulatory framework for the $3 trillion digital asset industry.
“The rise of cryptocurrencies and advances in financial technologies present great opportunities for all Michiganders,” said Aragona, R-Clinton Township. “The bipartisan Cryptocurrency and Financial Innovation Caucus will collaborate to keep Michigan at the forefront of this industry and ensure our future prosperity.”
