Signed as Law: Utah Excludes CBDC from State Definition of Legal Tender
SALT LAKE CITY, Utah (March 14, 2024) – On Wednesday, Gov. Spencer Cox signed a bill into law that expressly excludes a central bank digital currency (CBDC) from the state’s definition of legal tender and money, creating potentially significant roadblocks to its use...
To the Governor: Utah Bill to Exclude CBDC from State Definition of Money
SALT LAKE CITY, Utah (Feb. 9, 2024) – Today, the Utah Senate gave final approval to a bill that would expressly exclude a central bank digital currency (CBDC) from the state’s definition of money, creating potentially significant roadblocks to its use as such in the...
Utah House Passes Bill to Exclude CBDC from State Definition of Money
SALT LAKE CITY, Utah (Jan. 30, 2024) – Today, the Utah House unanimously passed a bill that would expressly exclude a central bank digital currency (CBDC) from the state’s definition of money, creating potentially significant roadblocks to its use as such...