Utah is making it easier for people to use cryptocurrency! A new law almost let the state invest in Bitcoin, but that part got changed. This is big news for people who use digital money.
- A new law protects people using crypto in Utah.
- A part about the state investing in Bitcoin was removed.
- Utah will still protect people's digital money.
- Other states are looking at similar laws.
| Fact | Details |
|---|---|
| Bitcoin Investment | Removed from the bill due to concerns. |
| Market Cap Threshold | Over $500 billion for state investment consideration (removed). |
| Utah's Role | Could have been the first state to invest in Bitcoin. |
| Precious Metal Investment | Utah already invests up to 10% of its rainy day fund in gold and silver. |
