The Senate of Utah, seen by some observers as being the frontrunner to establish a bitcoin reserve, passed a Bitcoin bill that excluded provision for the state treasurer to invest in the largest cryptocurrency.
Instead it provides the state’s residents with basic custody protections and establishes the right to mine bitcoin (BTC), operate nodes and participate in staking, along with other various other provisions.
The senate’s passing of the bill on March 7 means it now passes to Governor Spencer Gox to be signed into law.
Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
Bitcoin Magazine Bitcoin Could Attract More Buyers As Fast Money Is Washed Out, Says Lyn…
Bitcoin Magazine Iranian Hacking Crew Charged in Sprawling Theft Case — Including $6M Bitcoin Ransom …
Bitcoin Magazine Open Source vs. Source-Available: What the Coldcard Failure Teaches About Bitcoin Software Incentives…
US spot Bitcoin ETFs recorded $517.2 million in net inflows for the August 19 session,…
Bitcoin Magazine Bitcoin ETFs Add Over $1B as Investor Sentiment Turns Bullish Bitcoin exchange-traded funds…
Longtime bond market investor Mark Connors sees routine government bond buybacks improving liquidity and bringing…