DENVER — Wednesday, March 6, 2019 —Gov. Jared Polis signed SB 19-023 into law today.





SB 19-023

Cryptocurrency Exemptions Colorado Digital Token Act

Sens. Tate & Fenberg/Reps. Kraft-Tharp & McKean

The bill provides limited exemptions from the securities registration and securities broker-dealer and salesperson licensing requirements for persons dealing in digital tokens. "Digital token" is defined as a digital unit with specified characteristics, secured through a decentralized ledger or database, exchangeable for goods or services, and capable of being traded or transferred between persons without an intermediary or custodian of value.