Section 205.60  Permissible Investments

Digital currency shall not constitute a permissible investment.  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 a medium of exchange that is authorized or adopted by the United States or a foreign government as part of its currency and that is customarily used and accepted as a medium of exchange in the country of issuance or a monetary unit of account established by an intergovernmental organization or by agreement between two or more governments.  [205 ILCS 658/2-1]

(Source:  Amended at 48 Ill. Reg. 17546, effective November 20, 2024)