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illinois adopts laws to regulate crypto, slams Trump for letting “Crypto Bros” run wild, setting standards for exchanges and kiosks, while
wait so Illinois is like ‘nah Trump, we got this’ and slaps regulations on crypto while praising ‘Crypto Bros’ for nothing 🤡
pritzker’s move against “Crypto Bros” signifies a shift towards regulatory oversight in Illinois, emphasizing investor protection and cybersecurity standards for digital asset exchanges:
Illinois Governor JB Pritzker criticized President Trump for letting “Crypto Bros” influence policy while signing bills to regulate crypto in Illinois. Pritzker emphasized the state’s focus on investor protections and consumer safeguards. The first bill grants the Department of Financial and Professional Regulation oversight of digital asset exchanges, setting standards for financial resources, cybersecurity, and customer service. Another law targets crypto kiosks, requiring registration, victim reimbursement, and transaction limits. The state also condemned Trump’s federal crypto policies, highlighting a failed bill proposing a strategic Bitcoin reserve.
Illinois adopts the laws on the protection of cryptographic consumer
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