Gov. Pritzker takes aim at Trump, crypto ‘bros’ by signing laws regulating digital currency industry

Pritzker, taking aim at Trump, crypto ‘bros,’ signs laws to regulate digital currency industry, crypto ATMS – Chicago Sun-Times

The Illinois Department of Financial and Professional Regulation will require the crypto industry to comply with protections now in place for consumers of traditional financial services, such as banks. To prevent fraud, the state will cap daily transaction amounts at kiosks at $2,500 for new customers, limit transaction fees at kiosks to 18 percent and provide full refunds to new customers who get defrauded.

Illinois quick hits: Pritzker signs crypto regulations

Pritzker signs crypto regulations

Gov. Pritzker takes aim at Trump, crypto ‘bros’ by signing laws regulating digital currency industry

The measures would bolster consumer protections for crypto users and limit withdrawals to $2,500 per day for new users of digital currency kiosks, which have become magnets for scams and drug-dealing.

Illinois Passes First-of-Its-Kind Crypto Bills, Criticizes Trump Deregulation

Illinois passes landmark crypto laws adding oversight and ATM safeguards, Governor Pritzker blasts Trump’s deregulation amid rising scams.

Illinois Signs Crypto Laws, Slams Trump’s Policy Approach

Illinois has introduced two new laws to tighten oversight of digital asset businesses, with Governor JB Pritzker using the signing ceremony to criticize President Donald Trump’s handling of crypto policy.

Illinois Goverrnor slams Trump and passes two new crypto bills

Illinois Governor J.B Pritzker criticized Trump for letting “crypto bros” write federal policy as he passes two new crypto-related bills in the Democratic stronghold state. In a recent press release, Illinois Governor Pritzker has enacted two new bills that would…