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Springfield, IL (CAPITOL CITY NOW) – The executive director for the Illinois Blockchain Association, Nelson Rosario talks with Joey McLaughlin on the WTAX Morning NewsWatch about the Illinois Blockchain Associations concerns with a new piece of legislation introduced called the Digital Assets and Consumer Protection Act (DACPA) which would regulate Illinois’ burgeoning digital assets industry, which includes blockchain, cryptocurrency, and related tech.
What is the Digital Assets and Consumer Protection Act?
According to the Illinois Blockchain Association, the measure sweeps far too broadly, attempting to restrict traditional financial institutions the same way as entrepreneurs who are innovating in blockchain.
