A bill known as the Digital Regulations Act (DARA) is being introduced in #Illinois to bolster the regulatory framework for centralized crypto exchanges.

Although the SB3666 of the 103rd Illinois State General Assembly for the years 2023 and 2024 does not appear to be directly related to the Digital Regulations Act (#DARA) mentioned in your question. However, the Digital Regulations Act (DARA) could be part of a broader legislative package that includes the Fintech-Digital Asset Bill (HB 3479/SB 2233) and the Consumer Financial Protection Bill (HB 3483/SB 2232), which aim to establish regulations for digital asset businesses and strengthen consumer financial protections in Illinois

#Bitcoin

Sources:

https://buckleyfirm.com/blog/2023-02-24/illinois-announces-new-consumer-protections-digital-assets-proposes-new-money-transmitter-licensing-provisions

https://www.illinois.gov/news/press-release.26090.html

https://ilga.gov/legislation/103/HB/PDF/10300HB3479lv.pdf

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