Illinois + New York = Bitlicense

Illinois wants to follow in New York’s footsteps and create a license for bitcoin. Fintech-Digital Asset Bill (HB 3479/SB 2233)  and Financial Protection Bill (HB 3483/SB 2232) The pair of bills will create a license and regulatory structure for cryptocurrency and will establish consumer protections.

State of Illinois | IDFPR Announces Landmark Legislation to Launch Illinois Consumer Financial Protection into the Digital Age

Yahoo! Finance | Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense