Colorado

Colorado is one of the most crypto-friendly states in the US. There are no laws specifically regulating cryptocurrencies in Colorado, but the state has adopted a "wait and see" approach to regulation. The Colorado Division of Securities has issued a statement saying that cryptocurrencies are not securities, but are commodity contracts. The state's Money Transmitter Act does not cover cryptocurrencies.

The Crypto Science Society at Metro State University of Denver in Colorado is a club for students interested in cryptocurrency and blockchain technology. The club hosts events and meetups where members can learn about and discuss the latest developments in the industry.

The Coast Guard Cryptologic School in Colorado is a world-class training facility for Coast Guard personnel who are interested in careers in cryptology and information security. The school offers a variety of courses that prepare students for careers in the Coast Guard and other federal agencies.

The Colorado Department of Revenue has issued guidance on the taxation of cryptocurrency transactions. The guidance provides clarity on how cryptocurrencies will be taxed in the state and will help ensure that taxpayers are properly following the law.

Colorado will become the first US state to allow residents to pay their taxes in cryptocurrency. The move is designed to make Colorado a more attractive destination for blockchain businesses and investors. Cryptocurrencies accepted include Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

Crypto Mining Colorado is a website that offers news and information about cryptocurrency mining in Colorado.

U.S. Coast Guard Cryptologic Units from Colorado were some of the first responders to the terrorist attacks on September 11th, 2001. These units work to protect America's coastlines and waterways by providing cryptologic and intelligence support.

A Colorado man has been arrested and charged with securities fraud after he allegedly duped investors out of $2 million by promising them returns from a fake cryptocurrency he called "Colorado Dragon." According to the indictment, 54-year-old Barry James Clifton created the Colorado Dragon cryptocurrency in early 2018 and began soliciting investments in it. Clifton told potential investors that their money would be used to finance the development of a new cryptocurrency mining operation in Colorado, and that they could expect to receive substantial returns on their investment. However, prosecutors allege that Clifton never actually used the money to finance a mining operation, and instead simply pocketed it for himself. He is now facing charges of securities fraud and wire fraud, and if convicted could face up to 20 years in prison.

The Colorado Department of Revenue recently issued a guidance document outlining how state taxes apply to cryptocurrencies. The document provides clarity on how sales tax, use tax, income tax, and payroll tax apply to transactions involving cryptocurrency. Sales of cryptocurrency are subject to Colorado sales tax. Use tax may also apply when cryptocurrency is used to purchase goods or services in Colorado. Cryptocurrency is considered property for Colorado income tax purposes. Gains or losses from the sale or exchange of cryptocurrency are taxed as capital gains or losses. Colorado does not currently have any specific regulations regarding cryptocurrency mining. Payroll taxes generally do not apply to cryptocurrency transactions. However, employers who pay their employees in cryptocurrency may be subject to payroll taxes. The Colorado Department of Revenue's guidance document provides much needed clarity on how state taxes apply to cryptocurrencies. This will help ensure that taxpayers are compliant with their tax obligations and avoid penalties.