Event JSON
{
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"kind": 1,
"tags": [
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"https://bitcoinist.com/utah-bitcoin-reserve-bill-passes-senate/"
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[
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"Utah’s Bitcoin Reserve Bill Passes Senate – Only One Vote Left"
],
[
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"1740216630"
],
[
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"https://bitcoinist.com/wp-content/uploads/2025/02/bitcoinlaws.png?resize=1024%2C525"
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[
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"Governor Spencer Cox"
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"Rep. Jordan Teuscher"
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"Utah"
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"The bill, which has already cleared the state House of Representatives, authorizes the Utah state treasurer to invest up to 5% of certain public reserve funds in digital assets, with a minimum average market capitalization of $500 billion over the preceding 12 months. Currently, Bitcoin is the only cryptocurrency that meets this threshold."
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"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgxm87efh934qwdkkngj6klr4k2de5wck92alcjl4x5edemg0c6a5gxlx94c\nUTAH’S BITCOIN RESERVE BILL PASSES SENATE – ONLY ONE VOTE LEFT\n\nhttps://bitcoinist.com/wp-content/uploads/2025/02/bitcoinlaws.png?resize=1024%2C525\n--\n✍️ Utah takes a step closer to establishing Bitcoin as a state-level strategic reserve asset, with House Bill 230 passing the Senate Revenue and Taxation Committee.\n--\n👉 HB230 authorizes the Utah state treasurer to invest up to 5% of certain public reserve funds in digital assets\n👉 Digital assets must maintain a minimum average market capitalization of $500 billion over the preceding 12 months\n👉 Bitcoin is the only cryptocurrency that meets this threshold\n👉 The bill also authorizes the treasurer to engage in crypto staking\n\n--\n#GovernorSpencerCox #Rep.JordanTeuscher #Utah #technology\n--\nnostr:nevent1qvzqqqqqqypzpkelk2devdgrnd456yk4hcadjnwdrk932h07yhaf4xtww6r7xhdzqy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgp7g6cmcqexxfy8kcac23h4zgw0ntrxjsxr0lj2h7ff4vnup9kgx52gjmal \n ",
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