Illinois state legislators are crafting legislation to help the state welcome innovation in cryptocurrency. Illinois state Rep. Michael Zalewski (D) explains the market opportunity he sees in this space. "It has the chance to make government a little more efficient and user friendly," said Zalewski about the power of blockchain technology. "It's appealing to us because it allows us to hold information in an individualized way." Zalewski says its important as lawmakers to foster growth in this booming industry. Chicago, Illinois is home to the first Bitcoin futures contracts CBOE and CME.

Share:
More In Business
UPS Mass Hiring Event Set for Nov. 3-4
UPS is gearing up for a mass hiring event that could help a critical labor shortage affecting the U.S. across all industries. Jon Bowers, human resources director with UPS, joined Cheddar News to discuss the company's job fair known as 'Brown Friday,' which is slated to take place Nov. 3 and Nov. 4, ahead of the holiday season.
Realtors Found Liable for $1.8 Billion for Inflating Commissions
A Missouri jury found the National Association of Realtors and other brokerages liable for nearly $1.8 billion in damages on Tuesday. The jury found the parties conspired to keep commissions for home sales artificially high and the lawsuit looked at sales that took place between April of 2015 through June of 2022.
Load More