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).
A man accused of threatening President Joe Biden was shot and killed by the FBI as they sought to serve a warrant for him in Utah.
The shooting happened around 6:15 a.m. as special agents tried to serve a warrant on the home of Craig Deleeuw Robertson in Provo, south of Salt Lake City.
President Joe Biden will make his case for bringing back factory jobs in the U.S. during a speech in New Mexico.
Fani Willis, the Fulton County District Attorney in Atlanta investigating Trump, is expected to present her case to a grand jury next week.
A U.S Navy sailor charged with passing sensitive information to China was encouraged to do so by his mother.
Ohio voters rejected a ballot measure that would make it harder to pass constitutional amendments, including an upcoming vote on abortion.
Mississippi Gov. Tate Reeves won the Republican nomination for a second term on Tuesday.
Fani Willis, the Fulton County District Attorney in Atlanta investigating Trump, is expected to present her case to a grand jury next week.
Former President Donald Trump spoke out against a potential protective order that would prevent him from disclosing evidence in the 2020 election case.
Ohio voters rejected a ballot measure that would make it harder to pass constitutional amendments, including an upcoming vote on abortion.
