Utah lawmakers approve amended Bitcoin bill
The state of Utah has passed its Bitcoin bill but has dropped the Bitcoin reserve plan. The approved bill protects mining, staking, and self-custody rights. The bill now awaits Governor…
The state of Utah proposes investing public funds in crypto
Utah bill aims to allow state funds in crypto. The bill limits investments to high-cap or stablecoins. Security is assured through encrypted key storage. In a groundbreaking move towards embracing…
CFTC fines Utah man over $2.5M for leveraged Bitcoin fraud
CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020. Orvidas was also charged for failing to register as a commodity pool operator. The…