Colorado Securities Commissioner Addresses Crypto Projects Who Raise Capital via Tokens

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Colorado Securities Commissioner, Tung Chan, joins First Mover to discuss the difference between state and federal regulators, what crypto projects should consider from a legal perspective as they build and the potential for a spot ETH ETF.

Regulation is top of mind at East Denver as builders discuss how to navigate the space that is largely unregulated. Joining us now to weigh in is Colorado Securities Commissioner, Tung Chen. Hello. Hello, good morning, Chen. Good morning. How are you enjoying the conference? It's really fun. This year is uh just as lively as it always is. And it's actually really exciting to see the conference get bigger and bigger and more folks joining from a regulatory perspective.

And hey, where were the regulators? Right? Like that's what we get like before they like, there should be no regulation, but then they lose money or their, or their parents lose money or, or somebody they care about loses money and then they're like, oh, so I think the evolution of the space is that they're understanding that nobody wants fraud in this ecos space and, and that fraud in terms of securities is investing under the, under the Howie Test and under the principles since...

Source: Law Daily Report (lawdailyreport.net)

 

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