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Illinois says no to ‘crypto bro’ politics, signs two new bills
Illinois Governor JB Pritzker has signed two landmark bills into law—The Digital Assets and Consumer Protection Act (SB1797) and The Digital Asset Kiosk Act (SB2319)—positioning Illinois as the first state in the Midwest with a comprehensive crypto regulation framework. The legislation grants the Illinois Department of Financial and Professional Regulation (IDFPR) authority over crypto exchanges and digital asset businesses, bringing them under the same consumer protection standards as traditional financial services. Key provisions include mandatory financial safeguards, cybersecurity protocols, and fraud ... (full story)
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