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K&L Gates LLP

Illinois Enacts Its Own Digital Assets Laws

K&L Gates LLP on

On 18 August 2025, Illinois Governor JB Pritzker signed into law the Digital Assets and Consumer Protection Act (the Act), granting the Illinois Department of Financial and Professional Regulation (the Department) supervisory...more

Paul Hastings LLP

SEC and CFTC Clarify Spot Crypto Trading Rules While Illinois Enacts New Crypto Laws

Paul Hastings LLP on

Recent policy developments highlight continued momentum in digital asset regulation across federal agencies and state legislatures. The SEC and CFTC jointly issued staff guidance clarifying that current law does not prohibit...more

Sheppard Mullin Richter & Hampton LLP

Illinois Enacts Digital Asset Consumer Protection and Kiosk Laws

On August 18, Illinois Governor JB Pritzker announced the signing of two measures establishing comprehensive digital asset safeguards. The Digital Assets and Consumer Protection Act (SB 1797) and the Digital Asset Kiosk Act...more

Mayer Brown

Illinois Adopts Regulatory Regime for Digital Assets

Mayer Brown on

On August 18, 2025, Illinois enacted Senate Bill 1797, the Digital Assets and Consumer Protection Act (the “Act”), establishing a regulatory framework designed to enhance customer protections for digital asset activities and...more

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