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Illinois recently passed two major #crypto# laws to combat fraud.
The Digital Assets and Consumer Protection Act grants regulators oversight of exchanges and wallet providers, requiring strict security and asset safeguards.
Second, the Digital Asset Kiosk Act targets ATMs, capping fees at 18% and limiting daily transactions.
With crypto fraud costing Illinois $272M in 2024, the laws mark a major step in investor protection.
#CryptoNews