illinois

Coinbase CEO Warns Illinois Crypto Tax Could Kill Blockchain Innovation

The CEO of Coinbase, Brian Armstrong, severely criticized the upcoming Illinois’ crypto tax law, noting that it could be detrimental to blockchain innovation and employment. Specifically, Armstrong noted that such legislation could force blockchain innovation away from Illinois, creating extra complications for those who develop products based on blockchain technology.

June 18, 2026 2 mins read

Illinois Proposes Bitcoin Reserve to Hold Bitcoin in State Fund for 5 Years

A bitcoin reserve bill is now introduced to the state’s legislative body of Illinois, hence one of the newest U.S. states venturing into a financial strategy regarding Bitcoin. Sponsored by State Representative John Cabello, the House Bill 1844 or HB1844 recommends the setting up of a Bitcoin reserve in the

January 31, 2025 2 mins read