Sterling Heights adopts ordinance to license and limit virtual-currency machines after fraud concerns The Sterling Heights City Council adopted an ordinance amending Chapter 29 to license and regulate virtual-currency machines, citing fraud reports and recommendations from Grosse Pointe Farms and AARP; the ordinance includes daily and monthly transaction limits intended to protect older residents.

Sterling Heights is taking a stand against virtual-currency scams with new regulations aimed at protecting residents from losing their hard-earned money.

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