Illinois Governor JB Pritzker has signed the Digital Asset and Consumer Protection Act (SB 1797) and the Digital Asset Self-Service Terminal Act (SB 2319). The former authorizes the state’s financial and professional regulatory departments to oversee digital asset exchanges and related businesses, requiring them to maintain sufficient financial resources and implement cybersecurity measures; the latter pertains to encryption ATMs, stipulating that operators must register, provide full refunds to scam victims, cap transaction fees at 18%, and limit new users to a daily trading limit of $2500. (Cointelegraph)

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