Chicago Business Attorney Blog
Most businesses operating in the digital asset space think of compliance as a federal question.
Is the SEC involved? Does the CFTC have jurisdiction? What does FinCEN require?
Those are legitimate questions. But since August 18, 2025, there is a state-level compliance framework that applies to your business if you serve Illinois residents, regardless of where you are headquartered, regardless of whether any federal regulator has touched your business, and regardless of whether you think of yourself as an Illinois company.