House Bill No. 4511 (introduced), digital asset holding protections; anti-CBDC

Bitcoin Research — Law, Regulation, Markets & Origins (2026)

States

Mi

2025

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Research, not advice. Part of the Bitcoin research archive (October 2026). Claims labelled unverified, contested or fringe are reported, not endorsed; statuses of bills and rules are as of the date checked. Government, court and patent records are public domain; the research notes are CC BY 4.0.

HOUSE BILL NO. 4511

 May 21, 2025, Introduced by Reps. Posthumus, McFall, Farhat, Aragona, Kunse, T. Carter,
   Woolford and Bruck and referred to Committee on Communications and Technology.

      A bill to prohibit the banning, provision of permitting or
licensure requirements, or provision of other impairments of or for
the holding of digital assets; to prohibit the advocacy or support
through certain actions by certain state governmental officers and
entities of a central bank digital currency by the United States
government; to prohibit the imposition of prohibitions on the
operation of certain nodes related to blockchain protocols, certain
transfers of digital assets on blockchain protocols, or the
participation in staking on certain blockchain protocols; to
prohibit certain civil liability; and to provide for the powers and

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     duties of certain state and local governmental officers and
     entities.
                  THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
 1         Sec. 1. (1) Subject to provisions in the Michigan penal code,
 2   1931 PA 328, MCL 750.1 to 750.568, this state or any political
 3   subdivision of this state shall not do any of the following with
 4   regard to digital assets:
 5         (a) Ban the holding of digital assets.
 6         (b) Require a permit or license for the holding of digital
 7   assets.
 8         (c) Impose any other impairment for the holding of digital
 9   assets.
10         (d) Impose any additional tax, withholding, assessment, or
11   charge that is based solely on the use of the digital asset as the
12   method of payment. This subdivision does not prohibit this state
13   from imposing a tax, withholding, assessment, or charge that would
14   otherwise be imposed if the transaction had taken place with United
15   States legal tender.
16         (2) An agency or department of this state shall not advocate
17   for or support, including by issuing a memorandum or official
18   statement of support from the agency or department or its
19   designees, the testing, adoption, or implementation of a central
20   bank digital currency by the United States government.
21         (3) Subject to provisions in the Michigan penal code, 1931 PA
22   328, MCL 750.1 to 750.568, this state or any political subdivision
23   of this state shall not prohibit any of the following:
24         (a) The operation of a node for the purpose of connecting to a
25   blockchain protocol or a protocol built on top of a blockchain
26   protocol.

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 1         (b) The transfer of digital assets on a blockchain protocol.
 2         (c) The participation in staking on a blockchain protocol.
 3         (4) A person that only validates a transaction for digital
 4   asset mining, the operation of a node or series of nodes on a
 5   blockchain network, or the provision of digital asset mining or
 6   staking services for persons is not civilly liable.
 7         (5) As used in this section:
 8         (a) "Blockchain" means data that is shared across a network to
 9   create a ledger of verified transactions or information among
10   network participants linked using cryptography to maintain the
11   integrity of the ledger and to execute other functions, and
12   distributed among network participants in an automated fashion to
13   concurrently update network participants on the state of the ledger
14   and any other functions.
15         (b) "Blockchain protocol" means any executable software
16   deployed to a blockchain composed of source code that is publicly
17   available and accessible, including a smart contract or any network
18   of smart contracts.
19         (c) "Consensus mechanism" means a protocol or set of protocols
20   that bring all nodes of a blockchain network into agreement to
21   verify the state of a digital ledger.
22         (d) "Digital asset" means virtual currency, cryptocurrencies,
23   and stablecoins.
24         (e) "Digital asset mining" means using electricity to power a
25   computer or node for the purpose of securing a blockchain network.
26         (f) "Holding" means possession, including, but not limited to,
27   electronic possession.
28         (g) "Node" means a computational device that contains and
29   updates a copy of a blockchain.

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1         (h) "Smart contract" means a self-executing contract or
2   agreement that is stored on a blockchain network that executes
3   automatically when the contract's conditions are met.
4         (i) "Staking" means using a node to lock digital assets in
5   order to operate the consensus mechanism of a blockchain protocol.

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