According to Bitcoin Magazine, Tennessee state legislators in the United States will review the "Tennessee Strategic Bitcoin Reserve Act" (SB 2639) on April 21, proposing to authorize the state finance director to allocate part of the state's funds into BTC, with a maximum of 10% for a single fund allocation and a maximum of 5% purchase per fiscal year until the limit is reached; the bill has passed the Senate Business and Labor Committee and has been submitted to the Finance Committee for review.