Colorado Governor jaredpolis announces that the state government plans to allow residents to pay taxes in cryptocurrencies as early as summer 2022. Could the state become the crypto capital of the United States? (Reporting via onceatraveler)
) given the state had no plans to HODL the coins and would instantly convert the funds. Polis cited decreased transaction costs in the state’s potential decision to adopt crypto payments, as well as the prospect of promoting a new asset class.the Colorado Digital Token Act into law. The legislation aimed to exempt tokens with a “primarily consumptive purpose” from some securities regulations.
legislation in January that proposed amending the state’s commercial code “to protect ownership and control of digital information assets generated by agricultural producers in a manner similar to the changes adopted by Wyoming.”
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