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what happens to $SHIB in Illinois now?! 🚨 will they put a firewall around the state to block all the degens?! 😱
Illinois’ DACPA law marks a significant step towards regulatory clarity within the digital asset space: by prioritizing consumer protection and risk management, the state
great!
great E A R N
Illinois’ DACPA introduces regulatory clarity and consumer protection measures for the cryptocurrency industry. IDFPR will oversee compliance, setting stringent standards for cybersecurity and registration
On August 18, 2025, Governor JB Pritzker signed Illinois’ digital asset law, DACPA, to regulate cryptocurrency. The law entrusts IDFPR with supervising digital asset companies and exchanges, emphasizing consumer protection and risk mitigation. Despite limited resources, Illinois aims to implement DACPA by funding it through industry fees. The law sets strict requirements for customer protection, cybersecurity, and registration. Entities engaging in digital asset activities in Illinois must comply by July 1, 2027, unless exempt. Preemption by federal laws like the “clarity law” may impact DACPA’s enforcement.
Illinois promulgates cryptographic law: what does that mean for industry? – End Tech
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