53-32-102. Cryptocurrency investigation reporting.

183 words·~1 min read·/ut/title-53/chapter-32/53-32-102

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 5/6/2026

(1)Each local law enforcement agency and the Division of Securities created in Section 61-1-18 shall report the following information to the department on a quarterly basis:

(a)the number of cases involving cryptocurrency opened during the reporting period;

(b)the number of cryptocurrency traces conducted during the reporting period;

(c)the number of cases involving cryptocurrency closed during the reporting period; and

(d)the disposition of closed cases, including:

(i)arrests made;

(ii)charges filed;

(iii)convictions obtained; and

(iv)digital assets recovered or seized.

(2)The department shall:

(a)collect and analyze the information reported under Subsection

(1);

(b)prepare an annual summary report of statewide cryptocurrency investigation activities; and

(c)on or before November 30 of each year, provide the annual summary report to the Law Enforcement and Criminal Justice Interim Committee.

(3)Information reported under this section is protected from disclosure under Title 63G, Chapter 2 , Government Records Access and Management Act, if disclosure would compromise an ongoing investigation or reveal investigative techniques.

Enacted by Chapter 394 , 2026 General Session