Illinois Cities, Counties Taking Action on Data Center Rules
In lieu of formalized statewide regulations, a growing number of cities and counties in Illinois are starting to tell data centers to come back later or adhere to new regulations.
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In lieu of formalized statewide regulations, a growing number of cities and counties in Illinois are starting to tell data centers to come back later or adhere to new regulations.
An Illinois resident has lost $5,000 after a spoof call led her to send money via Zelle under the guise of securing her bank account. Susie Allgood says she received a call from someone claiming to be from Zelle who works with Huntington Bank. The caller had her bank’s routing number and said she needed […] The post Illinois Resident Loses $5,000 in Zelle Bank Scam: Report appeared first on The Daily Hodl.
Kalshi has filed a federal lawsuit challenging a new Illinois law that would require prediction market platforms offering sports event contracts to obtain state licenses before operating. According to a filing submitted Tuesday in the U.S. District Court for the…
Illinois is set to institute a new tax on prediction markets next week that would take 15% of gross receipts from sports-related wagers.
The prediction markets company claimed that it would be “irreparably harmed” when an Illinois law signed as part of a budget package goes in effect on July 1.
The legal battle over prediction markets could redefine federal vs. state regulatory powers, impacting the future of financial innovation. The post Kalshi sues Illinois over new prediction markets regulatory law appeared first on Crypto Briefing.
Kalshi is suing Illinois over its new prediction market licensing law, arguing federal CFTC jurisdiction preempts the state's licensing law.