With the spread and acceptance of cryptocurrencies, legal regulation efforts have accelerated. As one of these studies, he presented a bill for crypto and NFT investments in the state of Tennessee, United States.
Municipalities will be able to invest in cryptocurrencies if passed
Cryptoasset and NFT bill introduced by Tennessee MP Jason Powell covers allowing Tennessee and county municipalities to invest in cryptocurrencies and NFTs .
Jason Powell thinks crypto-friendly laws would be beneficial for the state. Additionally, Powell noted that other state lawmakers must act quickly so that Tennessee does not fall behind in crypto technology.
Speaking on the subject, Powell made the following statements:
“We are a dynamic, growing city and I want to make sure we foster a positive environment for everything tech-related. This percent I have great faith in Blockchain technology.”
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state’s ABDx1090710 cryptocurrency bill ready
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