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House narrowly approves study group to examine accepting Bitcoin for state services
Summary
The House passed first substitute HCR 6 to create a working group to study whether Utah should accept Bitcoin as a payment option for state services. Sponsors said the resolution is a study only and that Bitcoin would be treated as a medium of exchange, converted to dollars on receipt; the measure passed 38-36.
The Utah House on March 3 adopted a first substitute to HCR 6, which establishes a working group to study whether state agencies should accept Bitcoin for payments.
Representative Norm Roberts, sponsor of the resolution, said the proposal was recommended by the state treasurer and…
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