An Illinois representative wants the Prairie State to be a leader in blockchain technology. But 23rd district Rep., Michael Zalewski says that the next step is to build a program that proves the technology works.
“We need to find something small like a pilot program that touches a small portion of the economy, like real estate transactions,” Zalewski told Cheddar. “If we do that, if we show a little bit of success, I think it’ll really paint the evidence down the line.”
Illinois has received blockchain and cryptocurrency fairly well, being home to the CBOE and CME, which trade Bitcoin futures. But not every government branch or financial institution is excited about the technology, given that the SEC has continued to issue warnings about the lack of regulations in digital currencies.
Zalewski says, however, that Illinois finds appeal in the technology behind digital coins.
“It allows us to hold information in an individualized way,” he said. “We want to make our government more efficient and leaner, and this has the opportunity to do that for us.”
For full interview [click here](https://cheddar.com/videos/will-chicago-become-the-capital-of-crypto).
Gov. Ron DeSantis and Florida lawmakers are ratcheting up pressure on Walt Disney World.
Vice President Kamala Harris on Saturday urged Americans to take action during “a critical point in our nation’s history” as thousands of protesters demonstrated across the country against new limits to abortion rights making their way through the courts.
As explosions and gunfire thundered outside, Sudanese huddled in their homes for a third day Monday in the capital Khartoum and other cities, while the army and a powerful rival force battled in the streets for control of the country.
Norwegian battery startup Freyr is planning its next factory in an Atlanta suburb because a new U.S. clean energy law offers generous tax credits for local production.
Next month, the IRS will release the first in a series of reports looking into how a publicly run system might be created.
Without citing a reason, the Delaware judge overseeing a voting machine company’s $1.6 billion defamation lawsuit against Fox News announced late Sunday that he was delaying the start of the trial until Tuesday.
“This has been an unspeakable week of tragedy for our city,” said mayor Craig Greenberg.
The Supreme Court said Friday it was temporarily keeping in place federal rules for use of an abortion drug, while it takes time to more fully consider the issues raised in a court challenge.
President Joe Biden announced Thursday that hundreds of thousands of immigrants brought to the U.S. illegally as children will be able to apply for Medicaid and the Affordable Care Act's health insurance exchanges.
Anyone who wants to buy a gun in Michigan will have to undergo a background check, and gun owners will be required to safely store all firearms and ammunition when around minors under new laws signed Thursday by Gov. Gretchen Whitmer.
