Utah

✓

Bitcoin States

Utah passed the Blockchain and Digital Innovation Amendments, creating a regulatory sandbox for Bitcoin and digital asset companies that allows innovation with temporary regulatory relief. The legislation positions Utah as a tech-friendly state for Bitcoin startups. Additionally, Utah introduced a Bitcoin strategic reserve bill that would allow the state to hold Bitcoin alongside traditional treasury assets. Utah's Silicon Slopes tech corridor and growing fintech community make it a natural home for Bitcoin innovation.

Details

State: Utah
Region: Mountain West
Status: passed
Notable: Utah authorized state Bitcoin investment through HB 230; pro-crypto state with existing blockchain laws
Income Tax: Yes
Bill Number: HB 230
Description: Utah passed HB 230 (Blockchain and Digital Innovation Amendments) in 2025, authorizing the state treasurer to invest in digital assets including Bitcoin. Utah was among the early states to pass Bitcoin reserve legislation.
Legislation: Blockchain and Digital Innovation Amendments
Signed Date: 2025
Abbreviation: UT
Bitcoin Mining Rights: Yes
Bitcoin Friendly Score: high

Links

twitter

More Bitcoin States

Arizona

Arizona signed limited Bitcoin reserve legislation allowing the state to hold Bitcoin from seized or forfeited assets, rather than purchasing it outright. This establishes a legal framework for Arizona to become a state Bitcoin holder through law enforcement activities. Arizona also considered more expansive Bitcoin reserve bills that would allow active treasury purchases, but these faced additional hurdles. Arizona's large retirement system (PSPRS) managing over $14 billion makes any state-level Bitcoin allocation strategically significant.

New Hampshire

New Hampshire became the first US state to sign a Bitcoin strategic reserve law into effect, with Governor Kelly Ayotte signing HB 302 in 2025. The law allows the state treasurer to invest up to 5% of certain state funds in Bitcoin and precious metals. Consistent with its "Live Free or Die" motto and libertarian political culture, New Hampshire also hosts the Free State Project — a movement of libertarians relocating to the state — many of whom are Bitcoin advocates.

Texas

One of the most Bitcoin-friendly states. Passed strategic Bitcoin reserve legislation and purchased ~$5M in BlackRock Bitcoin ETF (Nov 2025). Home to major mining operations and a supportive regulatory environment.