7 stories tagged #Illinois

  1. Illinois Enacts First-Ever State Digital Asset Privilege Tax, Sparking Industry Backlash
    crypto

    Illinois Enacts First-Ever State Digital Asset Privilege Tax, Sparking Industry Backlash

    Illinois Governor JB Pritzker signs the Digital Asset Tax Act, imposing a 0.2% levy on crypto brokers. The unprecedented move faces legal challenges and criticism for targeting innovation.

    last wk. 1 min read
  2. Illinois Crypto Tax Nears Final Approval Amid Industry Backlash
    crypto

    Illinois Crypto Tax Nears Final Approval Amid Industry Backlash

    Illinois is one step away from imposing a 0.2% tax on digital asset transactions as part of its FY2027 budget, drawing sharp criticism from crypto advocates.

    2w ago 1 min read
  3. Chicago Bears Advance Plans to Move to Indiana After Illinois Stalemate
    sports

    Chicago Bears Advance Plans to Move to Indiana After Illinois Stalemate

    The Bears board votes to advance a stadium project in Hammond, Indiana, signaling a potential end to over a century in Chicago.

    2w ago 2 min read
  4. JPMorgan Chase Customer Loses $35,000 in Sophisticated Bank Impersonation Scam
    finance

    JPMorgan Chase Customer Loses $35,000 in Sophisticated Bank Impersonation Scam

    An Illinois woman lost over $35,000 after scammers posing as JPMorgan Chase's fraud department and the FBI convinced her to transfer funds. The bank warns consumers to ignore requests to move money.

    3w ago 1 min read
  5. CFTC, DOJ Sue Illinois Over Prediction Markets, Citing Exclusive Federal Jurisdiction
    finance

    CFTC, DOJ Sue Illinois Over Prediction Markets, Citing Exclusive Federal Jurisdiction

    Federal regulators clash with Illinois, asserting exclusive federal authority over prediction markets in a lawsuit challenging state cease-and-desist orders.

    2mo ago 1 min read
  6. Fairshake's $10M Illinois Misfire Signals Crypto PAC's First Major Setback
    crypto

    Fairshake's $10M Illinois Misfire Signals Crypto PAC's First Major Setback

    Crypto PAC Fairshake fails to defeat Illinois Senate hopeful Juliana Stratton, marking a significant loss in its political influence.

    3mo ago 1 min read
  7. American Express Settles Class Action Lawsuit, Payout Exceeds $17 Million
    finance

    American Express Settles Class Action Lawsuit, Payout Exceeds $17 Million

    American Express faces a multi-million dollar settlement in a federal antitrust lawsuit over alleged anti-steering rules imposed on merchants.

    3mo ago 1 min read