Colorado’s Digital Token Act Provides Securities Exemptions to Businesses Leveraging Utility Tokens72

Colorado is becoming a “hub” for startups looking to use blockchain technology to power their business models. The recently signed-into-law Digital Token Act will exempt utility tokens from certain state securities regulations and make it easier for startups to raise growth capital, crowdfund via cryptocurrency, and sell utility tokens in a clearer and more compliant way.

The Colorado Digital Token Act will exempt utility tokens from certain state and federal securities regulations and make the state a friendlier place for blockchain companies looking to leverage the promising technology. The technology, as described by the bill:

Original source
https://cryptoslate.com/colorados-digital-token-act-provides-securities-exemptions-to-businesses-leveraging-utility-tokens/

Add comment

Please Sign in to be able to leave comments.