The state of Colorado in the U.S. continues becoming more friendly to blockchain technology and cryptocurrency with every day that passes. The state has officially signed a senate bill 19-023 to exempt digital currencies as securities, and will only be used for consumptive purposes.
Colorado state in the U.S. is studying the prospect of applying blockchain to water rights management (WRM). The conforming bill was released on Colorado’s General Assembly official website on March 6, 2019.
Colorado's Department of Regulatory Agencies (DORA) has unveiled plans to evaluate 3 cryptocurrency-based companies hosting "unregistered ICOs" in the United States as part of continuing investigation into a practice being applied by phony firms to defraud people.