Bill > HJR027

This joint resolution encourages the federal government to create a consistent national set of rules that would permit traditional financial institutions, such as banks and credit unions, to safely hold and manage digital assets, which include cryptocurrencies like Bitcoin and Ethereum. The resolution highlights that the current lack of such a framework creates uncertainty and prevents these established institutions from offering these services, potentially exposing customers to greater risks of fraud and mismanagement compared to the regulated custody services they already provide for traditional financial instruments like stocks and bonds. By allowing these institutions to custody digital assets, the resolution aims to promote responsible adoption of blockchain technology under U.S. oversight, keep assets within state-based institutions, and enhance Utah's reputation as a leader in financial technology.

https://le.utah.gov/~2026/bills/static/HJR027.html