Tennessee lawmakers advanced legislation to permit Bitcoin to be held as part of the state’s public financial reserves, joining a growing number of U.S. jurisdictions exploring crypto for treasury diversification. The move comes amid rising BTC adoption and renewed interest in digital assets at state and local levels.
Tennessee regulators have directed Kalshi, Polymarket and Crypto.com to halt all sports contract–related activities in the state. The move targets crypto-linked sports contracts and prediction markets operating in Tennessee.