Utah to Exempt Blockchain Firms from Money Transmitter Act

Utah to Exempt Blockchain Firms from Money Transmitter Act

A bill has been introduced by the lawmaker from the U.S state of Utah to exempt blockchain firms from being classified under the same class as money transmitters. Apart from that, the bill also visions to establish a legislative group named the “Blockchain Pilot Project Evaluation Task Force” to conduct a study on technology in government services.

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