Tennessee Bill: Banning Retirement Fund from Crypto Investments

Tennessee Bill Banning Retirement Fund from Crypto Investments

The bills that restrict the public post-retirement benefit funds from making crypto investments was passed by 10-0 vote at the Tennessee Senate. The House Bill 2093 would alter the existing provision. It would include, “notwithstanding any law to the contrary, the trustees shall not invest in any cryptocurrency.” If approved by the chamber, the public trustees would be prohibited from crypto investments.

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