Utah Bitcoin Reserves Act Enters Second Senate Review

PANews February 21st news, according to Cointelegraph, legislation allowing Utah to invest in Bitcoin has been passed by the state Senate subcommittee. HB230 "Blockchain and Digital Innovation Amendment" bill passed the Utah Revenue and Tax Subcommittee on February 20 with a 4-2-1 vote, and is currently underway for a second and third reading, then The Senate finally voted. The Bitcoin Reserves bill has been passed in the House, so if it is approved in the Senate, Utah Republican Gov. Spencer Cox simply signs the bill and Bitcoin can become a national reserve asset.