Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense

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“It’s happening too often where there’s some scam or collapse that’s hurting consumers directly in their pocketbooks,” DeCarlo said in a CoinDesk interview. The state needs “safeguards in place soon so we can get in front of those,” he said, plus a way to give the latest financial innovations some stable footing in Illinois.

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