Some digital asset industry advocates are pushing back against a provision in a $56 billion state budget passed by the Illinois General …
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Tag:
Illinois
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Regulation
CFTC sues Illinois over state’s cease-and-desist letters against prediction markets
by shayaanby shayaanThe U.S. Commodity Futures Trading Commission and Department of Justice filed a lawsuit against Illinois and various state officials on Thursday over …
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Markets
CFTC sues Illinois, Arizona, Connecticut over states' sports prediction market efforts
by shayaanby shayaanThe CFTC argued in a lawsuit that the Commodity Exchange Act gave it “exclusive jurisdiction” over all swaps, which include prediction markets. …
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Markets
Fairshake's $10 million Illinois misfire marks first big hitch in crypto political surge
by shayaanby shayaanThe crypto sector’s leading political action committee devoted more than 5% of its war chest trying to defeat a Senate candidate who …
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Markets
Stratton wins Illinois Senate primary, defeating crypto-backed Krishnamoorthi
by shayaanby shayaanLieutenant Governor Juliana Stratton is now likely to be the next Senator from Illinois, after defeating Rep. Raja Krishnamoorthi, who enjoyed major …
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Fairshake, the political action committee backed by crypto companies Ripple Labs and Coinbase, among others, has reported additional spending on Illinois congressional …
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Scams
Illinois Introduces Bitcoin Reserve Bill, Joining Growing List of States
by shayaanby shayaanIllinois has joined a growing list of U.S. states exploring the possibility of crypto reserves as part of their financial strategy. State …
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