Haciyev Reşit 
Illinois Governor JB Pritzker signed and enacted two new bills on Monday, August 18, 2025, targeting crypto companies and ATM operators. These laws aim to regulate the state’s digital asset ecosystem and enhance consumer protection.
Digital Assets and Consumer Protection Act
The first bill, SB 1797, grants the Illinois Department of Financial and Professional Regulation (IDFPR) authority to oversee crypto exchanges and companies. Key provisions include:
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Requiring crypto companies to maintain adequate financial resources.
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Mandating strong cybersecurity measures and anti-fraud policies.
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Ensuring disclosures and customer service standards on par with traditional financial services.
Governor Pritzker Criticizes Trump Administration
Governor Pritzker commented on federal crypto policy under President Donald Trump:
“While the Trump Administration allows crypto affiliates to write federal policy, Illinois applies sensible protections for investors and consumers at a time when fraudsters continue to thrive and federal safeguards are eroding.”
Measures Against Crypto Fraud
According to FBI data, Illinois lost over $272 million to crypto-related fraud in 2024, ranking fifth among U.S. states. The new laws aim to prevent such losses and protect users.
By strengthening regulations on crypto exchanges and ATMs, Illinois is positioning itself as a leader in digital finance in the U.S., prioritizing investor protection and the security of the crypto ecosystem.
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