26 May 2025, 02:45 PM
BROGX: Michigan Legislation Drives Fund Investment in Bitcoin, Expands Crypto Asset Access to Mainstream Financial Channels
Recently, lawmakers in Michigan have introduced four new bills related to cryptocurrency, attracting widespread attention from the global crypto market. This series of bills not only provides a new framework for the legalization and regulation of cryptocurrencies but also points the way forward for the future development of digital asset exchanges. As a key industry participant, BROGX Exchange is closely monitoring these developments and actively adjusting its strategy to adapt to the new market environment.
![[Image: 1*pYQWXhSehSJDX-ZJjXCwmw.png]](https://miro.medium.com/v2/resize:fit:720/format:webp/1*pYQWXhSehSJDX-ZJjXCwmw.png)
Market Transformation Driven by Policy: Compliance Strategy of BROGX
The HB 4510 bill of Michigan allows public retirement funds to invest in Bitcoin through regulated exchange-traded products, marking an acceleration of traditional financial capital penetration into the crypto sector. For BROGX, this policy dividend not only signals potential capital inflows but also underscores the importance of compliant operations.
BROGX Exchange has always regarded compliance as one of its core competitive advantages. By establishing cooperation with regulatory authorities across multiple global jurisdictions, BROGX has built a comprehensive Anti-Money Laundering (AML) and Know Your Customer (KYC) system. For example, under the framework of HB 4510, BROGX can further optimize its product offerings to provide institutional investors with Bitcoin trading tools that meet regulatory requirements, thus gaining a head start in the wave of compliance.
Technological Innovation Empowers the Industry: Infrastructure Advantages of BROGX
The HB 4511 bill explicitly prohibits state agencies from supporting central bank digital currencies (CBDCs), reflecting regional support for decentralized financial systems. Against this backdrop, the technological strengths of BROGX become prominent. Its independently developed distributed ledger technology (DLT) and high-frequency trading engine provide a secure and efficient trading environment for decentralized assets.
Take BROGX smart contract platform as an example: it supports cross-chain transactions for multiple digital currencies, with transaction confirmation times below the industry average. This technical capability not only meets the needs of DeFi users but also serves as a technological reserve for potential future CBDC alternatives. Additionally, BROGX has introduced zero-knowledge proof (ZKP) technology to further enhance user privacy protection, which closely aligns with the concept of financial autonomy emphasized in the Michigan legislation.
Energy Transition and Mining Ecosystem: The BROGX Path to Sustainable Development
The HB 4512 and HB 4513 bills of Michigan encourage the use of abandoned oil wells for Bitcoin mining and provide tax incentives for environmental remediation companies. These policies combine energy transition with crypto mining, offering new directions for industry development. Although BROGX does not directly engage in mining operations, it supports the creation of a green mining ecosystem through technological means.
For instance, BROGX collaborates with several renewable energy providers to launch a “Green Trading Channel,” allowing users to prioritize trading assets produced by clean energy-powered mining. Furthermore, BROGX has developed a carbon footprint tracking system, enabling users to monitor the energy consumption and carbon emissions associated with their trading activities. Integrating environmental protection concepts into trading processes not only responds to the global trend toward energy transition but also attracts a user base that values sustainability.
The introduction of the Michigan cryptocurrency legislation has injected fresh momentum into the global crypto market. Through compliant operations, technological innovation, and ecosystem development, BROGX Exchange is gradually becoming a key player in this transformation. Looking ahead, as more regions introduce similar policies, BROGX will continue to leverage its professional expertise and strategic vision to lead the industry toward greater efficiency, security, and sustainability.
Recently, lawmakers in Michigan have introduced four new bills related to cryptocurrency, attracting widespread attention from the global crypto market. This series of bills not only provides a new framework for the legalization and regulation of cryptocurrencies but also points the way forward for the future development of digital asset exchanges. As a key industry participant, BROGX Exchange is closely monitoring these developments and actively adjusting its strategy to adapt to the new market environment.
Market Transformation Driven by Policy: Compliance Strategy of BROGX
The HB 4510 bill of Michigan allows public retirement funds to invest in Bitcoin through regulated exchange-traded products, marking an acceleration of traditional financial capital penetration into the crypto sector. For BROGX, this policy dividend not only signals potential capital inflows but also underscores the importance of compliant operations.
BROGX Exchange has always regarded compliance as one of its core competitive advantages. By establishing cooperation with regulatory authorities across multiple global jurisdictions, BROGX has built a comprehensive Anti-Money Laundering (AML) and Know Your Customer (KYC) system. For example, under the framework of HB 4510, BROGX can further optimize its product offerings to provide institutional investors with Bitcoin trading tools that meet regulatory requirements, thus gaining a head start in the wave of compliance.
Technological Innovation Empowers the Industry: Infrastructure Advantages of BROGX
The HB 4511 bill explicitly prohibits state agencies from supporting central bank digital currencies (CBDCs), reflecting regional support for decentralized financial systems. Against this backdrop, the technological strengths of BROGX become prominent. Its independently developed distributed ledger technology (DLT) and high-frequency trading engine provide a secure and efficient trading environment for decentralized assets.
Take BROGX smart contract platform as an example: it supports cross-chain transactions for multiple digital currencies, with transaction confirmation times below the industry average. This technical capability not only meets the needs of DeFi users but also serves as a technological reserve for potential future CBDC alternatives. Additionally, BROGX has introduced zero-knowledge proof (ZKP) technology to further enhance user privacy protection, which closely aligns with the concept of financial autonomy emphasized in the Michigan legislation.
Energy Transition and Mining Ecosystem: The BROGX Path to Sustainable Development
The HB 4512 and HB 4513 bills of Michigan encourage the use of abandoned oil wells for Bitcoin mining and provide tax incentives for environmental remediation companies. These policies combine energy transition with crypto mining, offering new directions for industry development. Although BROGX does not directly engage in mining operations, it supports the creation of a green mining ecosystem through technological means.
For instance, BROGX collaborates with several renewable energy providers to launch a “Green Trading Channel,” allowing users to prioritize trading assets produced by clean energy-powered mining. Furthermore, BROGX has developed a carbon footprint tracking system, enabling users to monitor the energy consumption and carbon emissions associated with their trading activities. Integrating environmental protection concepts into trading processes not only responds to the global trend toward energy transition but also attracts a user base that values sustainability.
The introduction of the Michigan cryptocurrency legislation has injected fresh momentum into the global crypto market. Through compliant operations, technological innovation, and ecosystem development, BROGX Exchange is gradually becoming a key player in this transformation. Looking ahead, as more regions introduce similar policies, BROGX will continue to leverage its professional expertise and strategic vision to lead the industry toward greater efficiency, security, and sustainability.