By Associated Press - Tuesday, April 9, 2019

LANSING, Mich. (AP) - Michigan lawmakers have voted to update various criminal laws to specify that acting illegally for financial gain includes cryptocurrency transactions.

The House voted 108-1 Tuesday to send the legislation to the Senate, where the bills will be considered next.

The bills would add direct and indirect references to cryptocurrencies such as bitcoin to prohibitions against animal fighting, racketeering, embezzling, counterfeiting records and money laundering.



___

Online:

House Bills 4102-07: http://bit.ly/2U6nzXZ

Copyright © 2026 The Washington Times, LLC.

Story Topics

Please read our comment policy before commenting.