63N-16-402.  Noncustodial Blockchain Registry — Contents — Rulemaking.

(1)  The regulatory relief office shall maintain a Noncustodial Blockchain Registry that lists noncustodial blockchain companies conducting business in the state.

Terms Used In Utah Code 63N-16-402

  • Regulatory relief office: means the Utah Office of Regulatory Relief created in Section 63N-16-103. See Utah Code 63N-16-102
  • State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(2)  For each registered noncustodial blockchain company, the regulatory relief office shall include on the registry:

(a)  the name of the noncustodial blockchain company; and

(b)  the noncustodial blockchain company’s authorized agents in the state, if any.

(3)  The regulatory relief office may make rules in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, to administer the registry.

Enacted by Chapter 77, 2023 General Session