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Illinois Proposes BitLicense Regime and Other Digital Asset Laws | Morgan Lewis

Published: April 12, 2023

Recent legislative proposals would, among other things, overhaul the Illinois money transmitter law to create a licensing framework similar to New York’s BitLicense regime.

Source: jdsupra.com

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United StatesState Of IllinoisMorgan LewisYork Department Of Financial ServicesIllinois SenateExchange CommissionLicensing CommitteeProtection Regulation The DepartmentIllinois Department Of FinancialDepartment Division Of Financial InstitutionsLicensing Committee OnCertification To DepartmentNew YorkMoney Transmission Modernization ActMoney Transmission ProposalFinancial InstitutionsIllinois DepartmentProtection RegulationCovered PersonsCovered PersonNew York DepartmentFinancial ServicesUniform Commercial CodeMoney TransmissionCovered Exchange