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SB24-180

Repeal Colorado Digital Token Act

Concerning the repeal of the "Colorado Digital Token Act".
Session:
2024 Regular Session
Subject:
Financial Services & Commerce
Bill Summary

The "Colorado Digital Token Act" (act) 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 in the act as a digital unit with specified characteristics that is:

  • 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.

The bill repeals the act.


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Passed
Became Law

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Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    05/17/2024 Signed Act PDF
    05/03/2024 Final Act PDF
    04/22/2024 Rerevised PDF
    04/20/2024 Revised PDF
    04/02/2024 Reengrossed PDF
    04/01/2024 Engrossed PDF
    03/11/2024 Introduced PDF

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details