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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 […]

US Lawmakers File Bill to Exempt Cryptocurrencies from Securities Laws

Two members of the U.S. House of Representatives are seeking to exempt cryptocurrencies and certain other digital assets from federal securities laws, the CoinDesk reported on November 20. The “Token Taxonomy Act” was introduced Thursday by Reps. Warren Davidson and Darren Soto, a move that comes months after a roundtable in Washington, D.C. that sought input about […]