Illinois Enacts Crypto Law: What Does It Mean for the Industry? | Foley & Lardner LLP

On August 18, 2025, Illinois enacted the Digital Assets and Consumer Protection Act (DACPA), creating the Midwest’s first state-level framework for regulating crypto exchanges and digital asset businesses. The law establishes consumer safeguards, registration requirements, and compliance obligations—but questions remain about whether Illinois has the resources to enforce it.Read More