Bitcoin to 82,000 dollars, lawmakers in Utah Bitcoin, the new prime minister in Canada against Bitcoin, acknowledged
- The Utah State government has become the first to pass the Bitcoin Bill soon to become a law.
- Bitcoin has decreased again to the level of $ 82,000 in the past 24 hours.
While the encryption market fell to the declining end during the weekend, it seems that community members have reached anyway. Bitcoin slipped to the level of 82 thousand dollars and it appears that external factors are not enough to combat. However, the sector itself did not go with crude, as the activity is still in the upward direction.
It is worth noting, a few hours ago, the US state of Utah announced the news of the Bitcoin bill, which caught the attention of the market. According to invoiceIt creates an authority for the Secretary of the State Fund to invest in digital assets. Moreover, it also prohibits restricting acceptance or nursery of digital assets.
After several other American states, Utah is the latest to join a queue to declare the state government investments in Bitcoin and other digital assets. However, the draft law failed to include an amendment that would allow the Secretary of the State Fund to invest in Bitcoin.
Moreover, this amendment would have made Utah the first state in the United States to pass a bitcoin reserve bill. However, at the present time, it only provides the protection of the basic custody of Utah citizens. The amendment mentioned above allowed the fund’s secretary to invest as up to 5 % in Bitcoin.
Why did the Senate in Utah refuse investment rights in Bitcoin?
According to reports, the precautionary condition Pass The second reading, but it was removed before the third and last reading. However, the bill has been approved and is now heading to the ruler to turn it into a law.
Meanwhile, Bitcoin, as mentioned, remained in the range of $ 82,000 last day. It has been taken into account in a decrease of 4.23 % in the last 24 hours to reach the current level. At the time of writing this report, BTC was trading at $ 82,196 according to CMC data.
On the other hand, it appears that the new Prime Minister in the Canadian nation, which was pronounced by Mark Carney, was one day negative opinions about Bitcoin, caught the market attention. Community members wonder whether this may lead to the shift of the scene in Canada.
The news of the encryption was highlighted today:
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