Michigan Wants To Pay State Employees In Bitcoin

Michigan State Rep. Matt Maddock has introduced legislation that would allow classified state civil service employees to receive their wages in Bitcoin or other qualifying digital assets, marking what supporters describe as a first-of-its-kind effort to integrate Bitcoin into state payroll systems.

The proposal would amend Michigan’s Payment of Wages and Fringe Benefits Act (1978 PA 390) by adding a new section permitting salaried state employees, beginning Jan. 1, 2027, to choose from three methods of compensation: U.S. currency paid in person at the Department of Treasury in Lansing, direct deposit or electronic transfer to a financial institution, or payment in a digital…

Read more on BitcoinMagazine

888 Reads