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Bitcoin.com News|Jan 30, 2025 03:32
🚀 Utah moves closer to embracing crypto!
The House Committee on Economic Development has passed a key Blockchain & Digital Innovation bill (H.B. 230) in an 8-1 vote ✅ on Jan. 28.
🔹 Allows state treasurers to allocate up to 5% of public funds into digital assets.
🔹 Sets clear guidelines for custody, management, & compliance.
🔹 Eligible assets must have a market cap over 50B.
Could Utah become a leader in state-backed crypto investments?
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