Utah Code § 7-29-101
This is the official text of Utah Code § 7-29-101, part of Utah’s Code — part of the compiled statutory law of Utah, published by the state as "Code." Browse the sections below, each linked to its official government source.
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§ 7-29-101. Definitions.
Official statutory text
As used in this chapter: (1) "Blockchain protocol" means any executable software deployed to enable the transfer of data and electronic records through a distributed network of nodes, including an additional standardized set of rules that uses a previously existing blockchain as a base. (2) "Digital asset" means: (a) virtual currency; (b) cryptocurrency; (c) natively electronic assets, including: (i) stablecoins; and (ii) non-fungible tokens; or (d) other digital-only assets that confer economic, proprietary, or access rights or powers. (3) "Hardware wallet" means a physical device that: (a) is not continuously connected to the Internet; (b) allows an individual to secure and transfer digital assets; and (c) enables the owner of digital assets to retain independent control over the digital assets.
Status: in_force · Read it on the official government site
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