#FedHOLD In addition to reducing investment exposure, the new version refines zoning regulations and noise restrictions for digital asset mining. While key regulations and definitions remain largely unchanged, these adjustments are intended to improve regulatory clarity.
The committee voted 8-1-1 in favor of the revised bill. The text now heads to the House for a vote. If approved, it will move to the Senate for further review and voting. Should both chambers approve the legislation, it will be sent to the Governor for final approval. Utah is not alone in its quest to embrace digital assets. Other states, including Oklahoma, Texas, Massachusetts, and Wyoming, have introduced similar legislation. Now, more states are joining the race.
In Kentucky, State Representative T.J. Roberts vowed to continue his efforts to establish the state as the “Crypto Capital of the World.” He stressed that it was time to finish the fight as he prepares to introduce a Strategic Bitcoin Reserve Act in the coming days.