Utah Code § 63N-16-401

Current through the 2024 Fourth Special Session
Section 63N-16-401 - Definitions
(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.

Utah Code § 63N-16-401

Added by Chapter 77, 2023 General Session ,§ 1, eff. 5/3/2023.