United States — Utah Act or statute

United States — Utah legislation

Utah Code § 7-29-102, 2025

State and local governmental entities may not block a person from accepting digital assets for legal goods and services or from taking custody of digital assets with a self-hosted or hardware wallet.

digital asset custodydigital assetsdigital assets custodypayment methods

Professional statute overview

Enactment structure, operative effect and source provenance

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01

Purpose and legislative effect

“State and local governmental entities may not block a person from accepting digital assets for legal goods and services or from taking custody of digital assets with a self-hosted or hardware wallet.”

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02

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  1. 01

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03

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Permitted uses of digital assets.

State and local governmental entities may not block a person from accepting digital assets for legal goods and services or from taking custody of digital assets with a self-hosted or hardware wallet.

Section 7-29-102

Subsection 7-29-102(1)

This text refers to accepting digital assets as a payment method for legal goods and services.

Section 7-29-102(1)

Subsection 7-29-102(2)

take custody of digital assets using: a self-hosted wallet; or a hardware wallet.

Section 7-29-102(2)

04

Source and current-law status

In force source record

Source record from le.utah.gov · Enacted 2025

In force

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Showing 5 of 5 provisions

Provision 5

Part 7-29-1

part 7-29-1 General Provisions

§ 7-29-102Permitted uses of digital assets.Provision

State and local governmental entities may not block a person from accepting digital assets for legal goods and services or from taking custody of digital assets with a self-hosted or hardware wallet.

Permitted uses of digital assets. A state or local governmental entity may not prohibit, restrict, or impair a person's ability to: accept digital assets as a method of payment for legal goods and services; or take custody of digital assets using: a self-hosted wallet; or a hardware wallet.
Section 7-29-102Verify source
§ 7-29-102(1)Subsection 7-29-102(1)Provision

This text refers to accepting digital assets as a payment method for legal goods and services.

accept digital assets as a method of payment for legal goods and services; or
Section 7-29-102(1)Verify source
§ 7-29-102(2)Subsection 7-29-102(2)Provision

take custody of digital assets using: a self-hosted wallet; or a hardware wallet.

take custody of digital assets using: a self-hosted wallet; or a hardware wallet.
Section 7-29-102(2)Verify source
§ 7-29-102(2)(a)Subsection 7-29-102(2)(a)Provision

a self-hosted wallet; or

a self-hosted wallet; or
Section 7-29-102(2)(a)Verify source
§ 7-29-102(2)(b)Subsection 7-29-102(2)(b)Provision

a hardware wallet.

a hardware wallet.
Section 7-29-102(2)(b)Verify source

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  • Undated version · currentEnglish · In force

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