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).
The Florida Senate on Monday approved a bill to ban abortions after six weeks, a measure supported by Gov. Ron DeSantis as the Republican prepares to launch his expected presidential candidacy.
Floridians will be able to carry concealed guns without a permit under a bill Republican Gov. Ron DeSantis signed Monday, giving the governor another legislative victory as he prepares a campaign for president.
President Joe Biden's administration is making $450 million available for solar farms and other clean energy projects across the country at the site of current or former coal mines, part of his ongoing efforts to combat climate change.
Disney CEO Bob Iger on Monday said any retaliatory actions by Florida Gov. Ron DeSantis and the Republican-controlled Florida Legislature against the company that threaten jobs or expansion at its Florida resort is not only “anti-business ... but anti-Florida.”
Finland has joined the NATO military alliance. The move deals a major blow to Russia with a historic realignment of the continent triggered by Moscow’s invasion of Ukraine.
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A state appeals court has ordered a new trial for the man accused of gunning down a Chicago honor student days after she had performed at Barack Obama's 2013 presidential inauguration.
