The Governor’s embrace of emerging technology continues to foster innovation in Colorado
Denver, CO – The reelection campaign of Colorado Governor Jared Polis is the first Democratic gubernatorial campaign to accept donations in the form of cryptocurrency. Polis supporters may contribute Bitcoin, Ethereum and a variety of other cryptocurrencies on the Polis for Colorado website in addition to commonly accepted forms of US Dollar payment.
“My administration is committed to making Colorado a hub of cryptocurrency and blockchain innovation for years to come,” said Governor Polis. “While political contributions only scratch the surface of what this critical technology is capable of, I hope that my campaign accepting crypto donations will invite more Coloradans to learn about and unlock the boundless potential of the blockchain.”
The Governor’s commitment to a $100 contribution limit per person per year still applies and so do Colorado campaign finance regulations as they have with contributions of USD. Additionally, contributions made to the campaign in the form of cryptocurrency will be converted to USD.
The adoption of cryptocurrency and other blockchain technology is gaining momentum across the private and public sectors as Coloradans explore the benefits from security and privacy to equity and efficiency. Earlier this month, Governor Polis announced that Colorado will be the first state to accept cryptocurrency payment for taxes starting summer 2022. The Governor also recently spoke at the ETHDenver cryptocurrency conference about the blockchain’s potential applications in agriculture and election security.
Crypto donations and tax payments are the latest in the Governor’s long record of supporting blockchain innovation. As a Representative of Colorado’s 2nd Congressional District, Polis was one of the first politicians to accept bitcoin campaign donations in 2014. While serving in Congress, he also co-founded the bipartisan Blockchain Caucus to raise awareness at the federal level about the prospects of this technology and lay groundwork for consumer protections.