Governor: Colorado Startups Have Raised $50M In Venture Capital

DENVER – Colorado Gov. Jared Polis sat down with CoinDesk at ETHDenver, the third version of the ethereum hackathon inside the Mile High City.

A digital native noted for launching a number of web enterprises, Polis led the cost for bitcoin and different digital property inside 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 risk capital for blockchain startups,” he explicit.

He’s excited to once more inside the driver’s seat on a regional stage. Working inside the federal authorities, he explicit, was irritating.

“Advocating at the national level, you can do a mint and a mint can only be done there, but it moves like molasses. You can spend years working on one matter and possibly eight years later it gets done,” he explicit. “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 regulation the Digital Tokens Act final fall which distinct the taxonomy round utility tokens, clearing preliminary coin choices from examination by the state’s securities and change fee.

Speaking with CoinDesk, Polis explicit Colorado has established itself as a hub for digital innovation via its laws. 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 once more to the state stage, Polis explicit his work corset out there for offering data and opinions for federal regulators. The buck, nevertheless, Chicago on the federal stage although, he explicit.

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The chief in blockchain information, CoinDesk is a media outlet that strives for the very best print media requirements and abides by a strict set of editorial insurance policies. CoinDesk is an unbiased working subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Governor: Colorado Startups Have Raised $50M In Venture Capital

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