Mar 1, 2024

Tung Chan, Commissioner at the Colorado Division of Securities, answers five rapid fire questions from CoinDesk, including the most exciting developments in the Ethereum ecosystem, the biggest misconception people have about crypto regulation and crypto's use cases in Colorado.

Video transcript

Is common sense, crypto policy within reach. Yes. What would you consider a win for crypto policy this year? I think some clarity coming out of the second circuit um in the ripple case versus the tariff farm case, in terms of the secondary market, from a regulatory perspective, what is Colorado doing differently than any other state? You can pay your taxes with crypto in Colorado, you can pay DMV fees in Colorado. I think we're working towards using it in a, uh throughout the government different ways you're at East Denver. What's the most exciting development in the Ethereum ecosystem for you? I think all of it is, it's uh having been there at the beginning to see where it is now is just exciting in all aspects. And what's the biggest misconception that people have about crypto regulation that it's not protective of the people who are actually trying to get out of the regulation. We're here to protect you and once you start losing stuff, that's when you really understand what uh we do all day

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