Utah pivots away from state Bitcoin reserve in landmark crypto legislation

Utah’s State Senate has stripped a provision for a state-backed Bitcoin reserve from its recently passed crypto bill. The Blockchain and Digital Innovation Amendments bill (HB230) aims to establish clear guidelines for crypto use within the state. The original draft included a provision allowing Utah to allocate up to 5% of public funds toward digital […] The post Utah pivots away from state... source: https://cryptoslate.com/utah-pivots-away-from-state-bitcoin-reserve-in-landmark-crypto-legislation/