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Michigan Lawmakers Advance Crypto Reserve Bill
Michigan’s push to establish a cryptocurrency reserve has taken a significant step forward. House Bill 4087, which seeks to diversify the state’s financial holdings through digital assets, advanced to its second reading in the state legislature this week. The bill, introduced earlier in 2025, is now under review by the Government Operations Committee after months of delay, signaling renewed political momentum behind the initiative. If passed, the bill would authorize the state treasurer to allocate up to 10% of Michigan’s general and stabilization funds into cryptocurrencies. Advocates argue that this move ... (full story)
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US House Passes Temporary Funding Bill, Sends to Senate for Review 
House passes GOP bill to avert a shutdown, but Senate looks likely to reject it The Republican-controlled House on Friday passed a stopgap bill to fund the government until just before Thanksgiving, daring Democrats in the Senate to reject the measure and risk a shutdown at the end of this month. The vote was 217-212, with one Democrat joining Republicans voting yes. Two Republicans, and all other Democrats, voted against the bill. The short-term funding bill, known as a continuing resolution or CR, now heads to the Senate, where Minority Leader Chuck Schumer, D-N.Y., and other Democrats have vowed to defeat it and have offered their own competing funding plan. Both measures are expected to be rejected when they come to the Senate floor later Friday. What happens next is uncertain. To overcome a filibuster, 60 votes are needed in the Senate, meaning any bill to avert a shutdown and buy appropriators more time to strike a longer-term funding deal must be bipartisan. The House bill extends federal funding at current levels without any other policy changes. It would keep the government open through Nov. 21. The Senate Democratic bill w
House passes GOP bill to avert a shutdown, but Senate looks likely to reject it The Republican-controlled House on Friday passed a stopgap bill to fund the government until just before Thanksgiving, daring Democrats in the Senate to reject the measure and risk a shutdown at the end of this month. The vote was 217-212, with one Democrat joining Republicans voting yes. Two Republicans, and all other Democrats, voted against the bill. The short-term funding bill, known as a continuing resolution or CR, now heads to the Senate, where Minority Leader Chuck Schumer, D-N.Y., and other Democrats have vowed to defeat it and have offered their own competing funding plan. Both measures are expected to be rejected when they come to the Senate floor later Friday. What happens next is uncertain. To overcome a filibuster, 60 votes are needed in the Senate, meaning any bill to avert a shutdown and buy appropriators more time to strike a longer-term funding deal must be bipartisan. The House bill extends federal funding at current levels without any other policy changes. It would keep the government open through Nov. 21. The Senate Democratic bill w
From fxnewsgroup.com | Sep 19, 2025
Electronic trading major IG Group Holdings plc (LON:IGG) today announced the acquisition of Independent Reserve, a cryptocurrency exchange based in Australia, for an initial enterprise value of A$178.0m (£86.8m). Matt Macklin, Managing Director of Asia Pacific & Middle East at IG, commented: “This acquisition marks an important step in IG’s crypto strategy ...
From in.investing.com | Sep 19, 2025
IG Group Holdings plc (LSEG:IGG) announced Friday it has agreed to acquire Independent Reserve, an Australian cryptocurrency exchange, for an initial enterprise value of A$178.0 million (£86.8 million). The transaction will give the FTSE 250 company immediate access to cryptocurrency markets in Australia and Singapore, accelerating its entry into the Asia ...
