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Task force or study body Confirmed
Illinois Legislative Blockchain and Distributed Ledger Task Force · Concluded
- Created by: House Joint Resolution 25, 100th General Assembly (adoption date not verified; report due on/before Jan. 1, 2018)
- Organized by: Illinois General Assembly (legislative resolution)
- Led by: Co-chairs: State Rep. Michael J. Zalewski and Ari Scharg (Edelson PC) (source: final report dated Jan. 31, 2018)
- Members: State Reps. Jaime Andrade Jr. and Keith Wheeler; Sens. Tom Rooney and John Curran; agency reps from DCEO, DoIT, IDFPR, Dept. of Insurance, Secretary of State; Cook County Recorder of Deeds and Clerk's office; private sector (NTT Data, Glass Mountain Capital, Geopay.me)
- Outputs and timeline: Final Report to the General Assembly, Jan. 31, 2018: three strategic priorities (ecosystem growth, governance, connected government services) and legislative recommendations on e-signatures, notarization and real-property recording.
Sources: Final report (Jan 31, 2018), HJR 25 text
Illinois Blockchain Initiative · Status unclear
- Created by: Executive branch consortium launched January 2016 (instrument not found)
- Organized by: Illinois Department of Innovation & Technology (DoIT), with DCEO, IDFPR, Department of Insurance and Cook County Recorder of Deeds
- Led by: Sunil Thomas, Cluster CIO, DoIT (named in NASCIO award entry; date unclear, c. 2017-2018)
- Members: Consortium listed above
- Outputs and timeline: NASCIO Emerging & Innovative Technologies award entry (year not stated)
Sources: NASCIO award entry
Both entries are legacy (2016-2018). This item had not received a full follow-up search at the time of review. The Illinois initiative's current status could not be verified.
Bitcoin or digital asset reserve law None found
No Illinois bitcoin reserve or state-funds crypto investment law or bill was identified in sources reached (search limited). A bitcoinlaws.io tracker listing showed only SB3113 (credit unions, tagged digital asset custody), not a reserve measure.
Sources: bitcoinlaws.io tracker (secondary)
Licensing Confirmed
Digital Assets and Consumer Protection Act (SB 1797, Pub. Act 104-0428, signed Aug. 18, 2025) requires digital asset businesses serving Illinois residents to register with IDFPR (exemptions incl. banks, merchants, miners/validators, non-controlling software developers, SEC/CFTC-regulated activity). Registration/liability for non-registration begins July 1, 2027; disclosure and custody rules apply Jan. 1, 2027 (per Mayer Brown, secondary). It is a dedicated regime, not the Uniform Law Commission's UVCBA (not mentioned in sources).
Sources: IDFPR press release (Aug 18, 2025), IDFPR DACPA fact sheet, Mayer Brown analysis (secondary)
Crypto kiosks (ATMs) Confirmed
Digital Asset Kiosks Act (SB 2319, Pub. Act 104-0429), approved and effective Aug. 18, 2025: kiosk operators register with IDFPR and report locations; full refunds to new-customer scam victims who report within set time with a police/agency report; fees capped at 18%; $2,500 daily cap for new customers; surety bond and net-worth requirements; private right of action.
Sources: SB2319 bill status XML (ILGA), IDFPR press release
Other 2025 to 2026 actions
- 2025-08-18: Gov. Pritzker signed SB 1797 (Digital Assets and Consumer Protection Act); IDFPR rulemaking may begin Jan. 1, 2026.
- 2025-08-18: Gov. Pritzker signed SB 2319 (Digital Asset Kiosks Act).
Sources: IDFPR press release, SB2319 status
Source notes: Task force entries are 2018 or earlier. IDFPR rules and any 2026 amendments to DACPA or kiosk act were not checked. Public Act 104-0428 number comes from a secondary source (Mayer Brown).
Frequently asked
Does Illinois have a crypto or blockchain task force?
Illinois has had 2 such bodies: Illinois Legislative Blockchain and Distributed Ledger Task Force (concluded); Illinois Blockchain Initiative (status unclear). Our confidence in this entry is Confirmed. The entry above lists who created it, who organized and leads it, and where the public records are.
Does Illinois have a bitcoin or digital asset reserve law?
Our research shows the status as none found (confidence: None found). No Illinois bitcoin reserve or state-funds crypto investment law or bill was identified in sources reached (search limited). A bitcoinlaws.io tracker listing showed only SB3113 (credit unions, tagged digital asset custody), not a reserve measure.
Does Illinois regulate crypto kiosks (ATMs)?
Our research shows law (confidence: Confirmed). Digital Asset Kiosks Act (SB 2319, Pub. Act 104-0429), approved and effective Aug. 18, 2025: kiosk operators register with IDFPR and report locations; full refunds to new-customer scam victims who report within set time with a police/agency report; fees capped at 18%; $2,500 daily cap for new customers; surety bond and net-worth requirements; private right of action.
This page is part of our 50-state crypto legislation and task force tracker. Each entry is labeled Confirmed, Reported, Unclear or None found; see the tracker for how we research it.