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March 10, 2025

Utah Senate Passes Important Bitcoin Bill, Adjusts Custody Protections

In significant news, the Utah Senate passes a Bitcoin bill that enhances custody protections for residents. Furthermore, the legislation establishes the right to mine Bitcoin, operate nodes, and participate in staking activities. This legislative move signifies a growing acceptance of Bitcoin within state policy, creating a more favorable environment for cryptocurrency activities in Utah. As more states consider similar measures, the implications for Bitcoin adoption could be substantial. How might this influence other regions?

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