Washington, D.C. (April 17, 2023) – Today, Blockchain Association published a letter sent to Senator Laura Ellman and Representative Mark Walker of the Illinois Assembly stating industry opposition to HB 3479.
The following statement is attributed to Kristin Smith, Blockchain Association CEO:
“Illinois Assembly Bill HB 3479 would effectively outlaw crypto in the state, forcing crypto innovation to more welcoming jurisdictions. This bill imposes an onerous, uncertain, and likely expensive licensing regime. And intended or not, it would outright ban certain critical and exciting parts of crypto markets. We strongly urge the Illinois Assembly to reconsider this bill.”