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.

United States banking giant JPMorgan Chase is launching its own cryptocurrency, the JPM Coin, in a first for U.S. banking. In a move commentators may see as unlikely, the multinational lender will use its newly developed asset to increase settlement efficiency, initially within three of its operations. Speaking to CNBC, Umar Farooq, who leads JPM’s blockchain focus, appeared buoyant on blockchain technology’s perspectives at the bank. JPM Coin will initially focus on international settlements by major corporations, helping speed up transactions that currently take a day or longer using extant options such as SWIFT. The new coin operates on a…