Wu Blockchain (@WuBlockchain): The Utah House of Representatives passed HB0230S03 and concurred with the Senate amendment. The bill removes provisions authorizing the state treasure…
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The Utah House of Representatives passed HB0230S03 and concurred with the Senate amendment. The bill removes provisions authorizing the state treasurer to invest certain public funds in qualifying digital assets, prohibits state and local governments from restricting the acceptance, custody, or management of digital assets, and eliminates regulatory exemptions for stablecoin investments while maintaining exemptions for certain blockchain and digital asset activities. le.utah.gov/Session/2025/b…