Jackson, Tennessee Mayor Praises Bitcoin’s Benefits Against Inflation, Aims to Create a BTC Hub

Jackson, Tennessee’s mayor is a fan of bitcoin and he wants the city to become a bitcoin hub in order to entice technology companies and innovation. Jackson’s mayor Scott Conger is in the midst of discussing creating legislation that allows Jackson residents to pay property taxes with bitcoin. Jackson, Tennessee’s Mayor Is a Fan of … Read more

Tennessee Passes Bill Recognizing Smart Contracts and Blockchain Transactions

The governor of Tennessee has signed a bill into law that recognizes “the legal authority to use blockchain technology and smart contracts in conducting electronic transactions.” The new bill also “protects the ownership rights of certain information secured by blockchain technology” under state law. Also Read: Hydro-Quebec Turns Down New Applications for Crypto Mining Operations Tennessee … Read more

Tennessee Lawmakers Aim to Obstruct Retirement Funds from Cryptos

Last Tuesday Tennessee bureaucrats pushed forth a bill through the Tennessee Senate Ways and Means Committee that aims to obstruct government retirement funds from investing in digital assets like bitcoin. The bill has passed by a 10-0 vote and will move forward to the legislative chamber. Also read: Thailand Dodges Extreme Cryptocurrency Regulations Two Bills Aim … Read more

Several States Spearhead Bitcoin Adoption in the U.S.

U.S. states with positive attitudes have advanced towards bitcoin legalization – a process that a growing number of elected officials consider inevitable, if not desirable. Numerous crypto-friendly bills have been introduced, and some of them have received approval in committees and houses of state legislatures. One wouldn’t necessarily think of states like Arizona, Tennessee, and … Read more