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The Daily Hodl
2019-03-05 04:03:07

Breakthrough Utah Bill Would Exempt Bitcoin and Crypto From Money Transmitter Regulations

A new bill proposes to exempt cryptocurrency-related businesses from being classified as money transmitters and attempts to clarify terms related to blockchain. Utah Senate Bill 213 also advocates for the creation of a legislative task force for blockchain technology. SB-213 defines blockchain technology as follows. “An electronic method of storing data that is maintained by […]The post Breakthrough Utah Bill Would Exempt Bitcoin and Crypto From Money Transmitter Regulations appeared first on The Daily Hodl.