Utah Code § 63N-16-401: Definitions.

(1) "Blockchain company" means an entity that uses blockchain technology to facilitate financial transactions between users.

(2) "Noncustodial blockchain company" means a blockchain company that does not have possession or control of a user's private key.

(3) "Private key" means the same as that term is defined in Section 13-62-101.

(4) "Registry" means the Noncustodial Blockchain Registry described in Section 63N-16-402.

(5) "User" means a person who engages in a financial transaction through a blockchain company.