Colorado Bill Seeks to Offer ICOs an Exemption from Securities Regulations
At the beginning of year, House and Senate members of Colorado’s General Assembly introduced the Colorado Digital Token Act (“CDTA”). The bill exempts digital token issuers who market tokens primarily for consumptive purposes (e.g., to purchase goods and services from the seller) from most state securities registration requirements. If passed, ... Read More
Vermont Data Broker Regulations Now Effective
The Vermont Data Broker Regulation (“VDBR”) (9 V.S.A. §§ 2430, 2433, 2446–2447) went into effect on January 1, 2019. Therefore, data brokers must register with the Vermont Attorney General by January 31st and comply with minimum data security requirements. Applicability of the VDBR Subject to the exceptions set forth in ... Read More
