Illinois Administrative Code (Last Updated: March 27, 2024)

§205.60. Permissible Investments

Latest version.

Digital currency shall not constitute a permissible investment for purposes of Section 50(a) of the Act. For the purposes of this Section, “digital currency” means a digital representation of value that:

a) is used as a medium of exchange, unit of account, or store of value; and

b) is not “money” as the term is defined in Section 5 of the Act, whether or not denominated in money.

(Source: Added at 47 Ill. Reg. 795, effective January 5, 2023)

                    
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