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
Don't Be 'The Bear.' Take Your Business From Stressful to Successful
Did you happen to watch the series The Bear? The show follows a struggling small business owner in Chicago who is trying to save his business.  It's a story a lot of small business owners in the U.S. can relate to. To help out these struggling entrepreneurs, Cheddar News brought on an expert here to help take your company from stressful to successful.
GOP AGs Move Anti-Affirmative Action Fight to the Workplace
The court’s ruling applies to higher education institutions and other entities that receive federal funding and doesn’t directly change private employer obligations, but business leaders might pull back diversity, equity and inclusion programs to avoid lawsuits.
Load More