• Illinois Department of
    Financial & Professional Regulation

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    IDFPR

Latest News

With a focus on efficient assessment and mitigation of risk, the Illinois Department of Financial and Professional (“IDFPR”) has implemented a new program for its licensed currency exchanges.
IPHP clients, please be aware that you will receive two mailings in the near future regarding this transition.
The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that Director of Financial Institutions, Francisco Menchaca; Acting Director of Professional Regulation, Jessica Baer; and Director of Real Estate, Kreg Allison, signed the following enforcement actions taken during the month of DECEMBER, 2016.
The Illinois Department of Financial and Professional Regulation (“IDFPR”) built upon its 2015 agency accomplishments by implementing a strategic blueprint approach to modernize Department operations and instill lasting solutions.
Secretary Bryan A. Schneider with the Illinois Department of Financial and Professional Regulation (“IDFPR”) has announced the release for comment of the Department's proposed “Digital Currency Regulatory Guidance” on decentralized digital currencies, such as Bitcoin, Dogecoin, Litecoin, Ethereum, and Zcash. The proposed guidance expresses the IDFPR’s interpretation of Illinois’ Transmitters of Money Act (“TOMA”) and the application of its interpretation to various activities involving digital currencies.