State Illinois Financial News
27.12 / 17:21
Africa
Freedom
Bitcoin
NOT
Making the case that Bitcoin is not freedom: Pacific Bitcoin Panel
"Bitcoin (BTC) is Freedom" is one of Bitcoin’s many epithets. Like “Bitcoin is digital gold,” “Bitcoin is property,” or even Bitcoin is absolute digital scarcity, these phrases ricochet around the walls of Bitcoin-themed conference arenas. They’re also memed into eternity on social media.
10.12 / 14:19
ATM
Bitcoin
Florida best-prepared US state for widespread crypto adoption: Research
It’s not just pro-crypto regulations but also a supporting infrastructure that allows sustainable crypto adoption in any jurisdiction. Weighing in factors such as the number of Bitcoin (BTC) ATMs, blockchain companies and public interest in cryptocurrencies, Florida comes out as the most crypto-ready state in the United States.
27.10 / 19:29
LUNC
Terra Luna
Terra Luna Classic Price Prediction – Is LUNC a Good Investment Now?
Terra’s Luna Classic (LUNC) has recently seen a price increase that took it from the lowest point this month, at $0.0002282 to $0.0002513. While a fairly low increase, it is still notable, as it suggests that the project might be recovering, especially after recent news involving a 4-year plan to bring back value to the token.
20.09 / 20:43
Adoption
Taxes
Colorado is now accepting tax payments in cryptocurrency, as Gov. Polis promised
The American state of Colorado now accepts cryptocurrency for tax payments, Gov. Jared Polis announced on Monday. The option is already available on the state Department of Revenue website.
01.09 / 08:57
Ethereum
Report
Bitcoin
CoinGecko reveals the US state most interested in Bitcoin and Ethereum
The Golden State of California may be America's most inquisitive state about Bitcoin (BTC) and Ethereum (ETH), new data from CoinGecko has revealed.
16.08 / 21:29
States Expand Sales-Tax Holidays as Americans Feel Price Increases
Teresa Houston put off her daughter’s back-to-school shopping until Illinois’s new sales-tax holiday went into effect this August to save a couple bucks.
08.08 / 23:15
CFTC
SEC
coinbase
lawsuits
Two more lawsuits for Coinbase: Law decoded, Aug. 1–8
The Coinbase drama, which started at the end of July, continues with new developments. Last week, former Coinbase Global product manager Ishan Wahi pleaded not guilty to two counts of wire fraud conspiracy and two counts of wire fraud in a Manhattan federal court. Wahi was arrested during his attempt to board a flight from the United States to India in May and accused of insider trading.
02.08 / 18:31
Blockchain
Ethereum
FIVE
SEC
Sec Charges
SEC Charges 11 for $300M in Crypto Ponzi Scheme
The United States Securities and Exchange Commission (SEC) has charged 11 individuals for creating and promoting a fraudulent crypto pyramid scheme and Ponzi scheme. The authority published a press release on August 1, saying that the $300 million crypto pyramid scheme involved perpetrators from several countries. The complaint was filed in the United States District Court in the Northern District of Illinois.
02.08 / 06:23
regulation
SEC
Fraud
Ponzi scheme
Sec Charges
SEC charges 11 individuals over $300M crypto ‘pyramid scheme’
The Securities and Exchange Commission (SEC) has charged 11 individuals for their alleged role in the creation of a "fraudulent crypto pyramid scheme" platform Forsage.
13.06 / 18:55
UPS
Provident
MAIL
Action
401(k) savers will see a 'wake-up call' in their next statement, says law professor. Here's what to look for
You may get a nasty surprise when you open your next 401(k) statement.
07.06 / 16:11
UPS
Provident
MAIL
Action
Your next quarterly 401(k) statement may be alarming. Here’s why
Your internal alarm bells may ring when reading your next 401(k) plan statement — at first blush, at least.
17.05 / 23:09
11.04 / 14:11
regulation
Paxos
United States Crypto Lobbyists Making Inroads at State Level – Report
Crypto lobbyists are making breakthroughs with adoption-focused legislation at the state level in various parts of the USA – with federal regulation still lagging behind.
19.02 / 01:39
Government
Bitcoin
lawmakers
Crypto miners
Georgia lawmakers consider giving crypto miners tax exemptions in new bill
Five members of the Georgia House of Representatives have introduced a bill that would exempt local crypto miners from paying sales and use tax.
24.01 / 23:37
Investments
stocks
Congress
lawmakers
end
House members call for an end to lawmakers trading stocks — is crypto next?
Congresspeople currently HODLing or actively trading in crypto may have to stop doing so while in office if recent pushes to ban lawmakers from investing in stocks gain enough support.
09.12 / 19:22
Government
Congress
Bitcoin
lawmaker
US lawmaker purchases exposure to Bitcoin through Grayscale shares
Illinois Representative Marie Newman has disclosed she purchased up to $50,000 in exposure to crypto through shares of Grayscale Bitcoin Trust.
30.11 / 13:57
Gas Prices Pressure Drivers’ Finances
Rachel Gould spends $50 on gas taking her two special-needs children on the three-hour trip from her home in Central Illinois to a hospital in St. Louis. That is roughly a 60% increase from the same time last year.
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