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Digital Assets Illinois Regulatory Oversight

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

Orrick, Herrington & Sutcliffe LLP

Illinois enacts two new consumer protection laws regulating digital assets

On August 18, Governor Pritzker of Illinois announced he had signed two comprehensive pieces of consumer protection legislation: The Digital Assets and Consumer Protection Act, which will regulate digital asset companies; and...more

Troutman Pepper Locke

Illinois Passes New Laws Designed to Safeguard Consumers Against Cryptocurrency Fraud

Troutman Pepper Locke on

Last week, Illinois Governor JB Pritzker signed two landmark pieces of legislation aimed at protecting consumers from cryptocurrency scams and fraud. The Digital Assets and Consumer Protection Act (SB1797) and the Digital...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (8/20)

Cozen O'Connor on

Pritzker, taking aim at Trump, crypto ‘bros,’ signs laws to regulate digital currency industry, crypto ATMS - “These real-life examples of people falling prey to scammers and using cryptocurrency kiosks to send them large...more

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