Colorado is emerging as a leader in pro-crypto regulations

Colorado has established itself as a breeding ground and safe haven for blockchain based companies. The newly appointed crypto-friendly governor, Jared Polis, signed the Digital Token Act on March 6, 2019, providing clarity on the often murky U.S. crypto regulations. The bill excludes certain digital tokens from securities laws and provides a clear definition as to what it considers a digital token. The definition is as follows: A digital unit that is: created by deploying computer code to a blockchain network and/or in response to verification or collection of transactions relating to a digital ledger or blockchain; recorded in a…...