DENVER – Colorado Gov. Jared Polis sat down with CoinDesk at ETHDenver, the third version of the ethereum hackathon in the Mile High City.
A digital native famous for launching a number of web enterprises, Polis led the cost for bitcoin and different digital belongings in the U.S. House of Representatives from 2009 to 2019.
“Colorado is the middle of the blockchain economic system. We’ve attracted over $50 million in enterprise capital for blockchain startups,” he mentioned.
He’s excited to again in the motive force’s seat on a regional stage. Working in the federal authorities, he mentioned, was irritating.
“Advocating on the nationwide stage, you are able to do so much and so much can solely be accomplished there, however it strikes like molasses. You can spend years engaged on one factor and possibly eight years later it will get accomplished,” he mentioned. “As Governor, we are able to transfer quick, however we are able to solely do what we’re allowed to do.”
Now, as Colorado’s 43rd governor, Polis has signed into regulation the Digital Tokens Act final fall which outlined the taxonomy round utility tokens, clearing preliminary coin choices from scrutiny by the state’s securities and trade fee.
Speaking with CoinDesk, Polis mentioned Colorado has established itself as a hub for digital innovation by means of its laws. The Blockchain Council and Governor’s Office of Information Technology even rolled out a blockchain-based ID system final October.
Moving from federal-level politics again to the state stage, Polis mentioned his workplace stays out there for offering info and opinions for federal regulators. The buck, nevertheless, stops on the federal stage although, he mentioned.
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