Utah's bitcoin bill has passed the state Senate, but the central provision of the bill, which would have made Utah the first state in the US to have its own bitcoin reserves, has been removed. HB230, the Blockchain and Digital Innovation Amendment Act, now provides only basic escrow protections to Utah citizens, giving them the right to mine bitcoin, run nodes and participate in staking. The bill passed on March 7 with 19 votes in favor, 7 against and 3 abstentions, and will then be sent to Utah's governor, Spencer Cox, to sign it into law. The reserve provision would have authorized the Utah Treasury Secretary to invest digital assets with a market value of more than $500 billion (Bitcoin is currently the only digital asset that meets this criterion) into five state accounts, capped at 5% of the asset's market value. The reserve provision was passed in the second consideration, but was removed in the third and final consideration. The Utah House of Representatives subsequently agreed to the amendment by a vote of 52 in favor, 19 against, and 4 abstentions.