Governor and avowed bitcoin fan Jared Polis signed a Colorado cryptocurrency act on March 8, exempting cryptocurrencies from state securities laws under certain conditions.

The new legislation, known as the the Digital Token Act, also exempts crypto broker-dealers and salespeople from state licensing requirements under limited circumstances.

Theresa Szczurek, Colorado’s chief information officer, tweeted a photo of Governor Polis as he signed the Digital Token Act into law. Polis was surrounded by several of his cabinet members and the state attorney general.

“Exciting day for blockchain technology,” Szczurek tweeted.

For more on Colorado cryptocurrency visit CCN.