š¦ Utah bill could exempt blockchain companies from state Money Transmitter Act
Senator Daniel Hemmert filed Senate Bill 213 in Utah last week, which proposes exempting any entity that āfacilitates the creation, exchange, or saleā of certain blockchain-related products from the stateās Money Transmitter Act. The bill also includes language for creating a āBlockchain Pilot Project Evaluation Task Forceā to study the potential of blockchains for state government affairs in Utah.
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