Tennessee lawmakers are set to review the "Tennessee Strategic Bitcoin Reserve Act" (SB 2639) on April 21. The proposed legislation would authorize the state's financial officers to allocate a portion of state funds into Bitcoin, with a single fund's allocation capped at 10% and an annual purchase limit of 5% until the cap is reached. The bill has already passed the Senate Commerce and Labor Committee and is now under consideration by the Finance Committee.
Tennessee to Review Bill Allowing State Funds in Bitcoin
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