Utah Statutes
§ 63N-16-401 — Definitions.
Utah·Title 63N Economic Opportunity Act·Ch. 63N-16 Utah Office of Regulatory Relief·Part 63N-16-4 Noncustodial Blockchain Registry
(1)"Blockchain company" means an entity that uses blockchain technology to facilitate financial transactions between users.
(2)"Noncustodial blockchain company" means a blockchain company that does not have possession or control of a user's private key.
(3)"Private key" means the same as that term is defined in Section 13-62-101.
(4)"Registry" means the Noncustodial Blockchain Registry described in Section 63N-16-402.
(5)"User" means a person who engages in a financial transaction through a blockchain company.
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Legislative History
Enacted by Chapter 77, 2023 General Session
Nearby Sections
15
§ 63N-13-101
Title -- Projects to assist companies to secure new business with federal, state, and local governments.§ 63N-13-301
Title.§ 63N-13-302
Definitions.§ 63N-13-303
Contract with facilitator.§ 63N-13-304
Functions and responsibilities of facilitator.§ 63N-13-305
Office oversight over contract performance of facilitator -- Office reports to Legislature.§ 63N-16-102
Definitions.§ 63N-16-104
Creation and duties of advisory committee.§ 63N-16-105
Annual report.§ 63N-16-202
Scope of the regulatory sandbox.§ 63N-16-203
Consumer protection for regulatory sandbox.§ 63N-16-204
Requirements for exiting regulatory sandbox.