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Colorado Senators File Bill to Exempt Cryptos from Securities Laws

Two lawmakers from the U.S. state of Colorado have introduced legislation seeking to exempt cryptocurrencies and certain digital tokens from securities laws, the CoinDesk reported. On Friday, senators Stephen Fenberg (Democrat) and Jack Tate (Republican) jointly filed a bill dubbed the “Colorado Digital Token Act,” proposing that digital tokens with a “primarily consumptive” purpose should be exempted […]

Four More ICOs Hit with Cease-and-Desists by Colorado Securities Regulator

As CoinDesk reported November 21, the Colorado Division of Securities has issued another batch of cease-and-desist orders against allegedly fraudulent initial coin offerings (ICOs). The watchdog announced on Tuesday that the U.S. state’s securities commissioner, Gerald Rome, has signed four new orders against Global Pay Net, Cred (doing business as Credits LLC), CrowdShare Mining and CyberSmart Coin […]