Colorado Digital Token Act Exempts Cryptocurrencies From Some Securities Laws

News, Regulation | January 7, 2019 By:

Colorado lawmakers have introduced a new bill to exempt cryptocurrencies from certain securities laws.

The new bill, called Colorado Digital Token Act, was proposed by Republican Jack Tate and Democrat Steve Fenberg. It provides limited exemptions from the securities registration and securities broker-dealer and salesperson licensing requirements for persons dealing in cryptocurrencies.