Colorado Smart Contract Legislation

Colorado

Brookings Grade: Appreciative

Bills

SB277/HB1426: Virtual Currency Exemption Money Transmitters Act

Pending

 

SB277 would exempt virtual currencies from the Money Transmitter Act.

 

HB1220: Bitcoin Dealers Licensed As Money Transmitters

Failed

 

HB1220 would have taken the opposite approach as SB277 and regulated entities that engage in transmitting cryptocurrencies as money transmitters.

 

SB086: Cyber Coding Cryptology For State Records

Passed: 30 May 2018

 

SD086 requires a study of the potential for blockchain technology to protect government computer systems from malicious cracking.