Colorado Governor 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 charge for bitcoin and different digital belongings in the U.S. House of Representatives from 2009 to 2019.
“Colorado is the center of the blockchain economy. We’ve attracted over $50 million in venture capital for blockchain startups,” he mentioned.
He’s excited to again in the driving force’s seat on a regional degree. Working in the federal authorities, he mentioned, was irritating.
“Advocating at the national level, you can do a lot and a lot can only be done there, but it moves like molasses. You can spend years working on one thing and maybe eight years later it gets done,” he mentioned. “As Governor, we can move fast, but we can only do what we are allowed to do.”
Now, as Colorado’s 43rd governor, Polis has signed into legislation 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 through its legislation. 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 degree, Polis mentioned his workplace stays accessible for offering data and opinions for federal regulators. The buck, nevertheless, stops on the federal degree although, he mentioned.
Image by way of CoinDesk Video.
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