Utah's Bitcoin bill has been passed in the state Senate, but key provisions have been removed

According to Golden Finance, Utah's Bitcoin bill has been passed in the state Senate, but the core provisions of the bill have been removed. This provision would have made Utah the first state in the United States to have its own Bitcoin reserves. The HB230 "Blockchain and Digital Innovation Amendment" bill now only provides basic custody protection to Utah citizens, granting them the rights to mine Bitcoin, operate nodes, and participate in staking. On March 7th, the bill was passed with 19 votes in favor, 7 votes against, and 3 abstentions, and will now be sent to Utah Governor Spencer Cox for signature into law.