menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptocurrency News

>

Utah’s Bit...
source image

Bitcoinist

2w

read

331

img
dot

Image Credit: Bitcoinist

Utah’s Bitcoin Strategic Reserve Race Over? Senate Passes Bill, But Makes Key Amendment

  • Utah's State Senate has passed House Bill 230, also known as the 'Blockchain and Digital Innovation Amendments'.
  • The proposed bill to allow the state treasury to invest in digital assets was amended, removing the Bitcoin reserve clause.
  • The amended legislation now focuses on establishing custody protections and providing legal frameworks for digital asset regulation in Utah.
  • The bill will be signed into law by Utah Governor Spencer Cox after passing the Senate with a 19-7-3 vote.

Read Full Article

like

19 Likes

For uninterrupted reading, download the app