Crypto is draining public resources in Utah
Utah just rolled out the red carpet for one of the most exploitative industries in America.
In the waning hours of its legislative session, Utah gave the unregulated and environmentally destructive crypto industry free reign with the passage of HB230, Blockchain and Digital Innovation Amendments. The newly passed legislation enshrines the so-called “right” to mine crypto, self-custody digital assets, run blockchain nodes and stake tokens with minimal interference or oversight.
Make no mistake — this is not innovation. It will harm every Utahn who pays a power bill, who cares about clean air and water, or who believes public money should serve the public good.
This bill was written to give the crypto industry cover from local zoning…
