Should Illinois regulate Bitcoin? Lawmakers seek answers

From: The State Journal-Register

The Bitcoin craze has hit the Capitol as an Illinois House subcommittee was formed to explore the state’s policies toward the decentralized digital currency and others like it.

Though the Illinois Department of Financial and Professional Regulation currently does not consider such digital currencies valid, lawmakers believe with the proper measures, digital currencies and blockchain technology can have many benefits, such as making state government more efficient.

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