Will County Board Graphic.03

Will County Legislative Committee: Pushes Forward with Ban on Cryptocurrency Kiosks

Spread the love

Will County Board Legislative Committee Meeting | May 5, 2026

Article Summary
The Will County Legislative Committee approved a resolution supporting the drafting and enactment of a county-wide ordinance to ban the placement and operation of cryptocurrency kiosks, citing rampant financial exploitation and fraud targeting senior citizens.

Cryptocurrency Kiosk Ban Key Points:

  • Resolution 26-4756 supports a complete ban on cryptocurrency kiosks within Will County boundaries.

  • The action follows recent FBI data showing $3.9 billion in crypto losses in 2024, with kiosk fraud being a major driver of irreversible financial scams.

  • The resolution directs the State’s Attorney’s Office and regulatory bodies to draft the binding ordinance.

The Will County Legislative Committee on Tuesday, May 5, 2026, unanimously approved a resolution supporting a definitive ban on cryptocurrency kiosks within the county’s jurisdiction to protect residents from escalating financial scams.

Resolution 26-4756 officially supports the enactment of an ordinance “banning the placement, operation, and use of cryptocurrency kiosks within the boundaries of Will County.”

The legislative push follows a detailed presentation during the committee’s April meeting by AARP Illinois representatives, who presented FBI Internet Crime Complaint Center (IC3) data revealing that cryptocurrency fraud resulted in $3.9 billion in losses in 2024. Law enforcement and consumer protection agencies have increasingly linked the kiosks—often referred to as Bitcoin ATMs—to criminal coercion, where victims, particularly the elderly, are instructed to deposit large sums of cash under false pretenses.

According to the resolution text, the machines allow users to exchange cash for digital assets with “limited consumer safeguards.” Because cryptocurrency transactions are anonymous and non-recoverable, victims of these scams experience irreversible financial losses.

The resolution formally urges the Will County State’s Attorney’s Office, relevant county departments, and regulatory bodies to draft and implement the ban consistent with state and federal law. It also encourages continued public education efforts to mitigate crypto-related fraud.

The motion was made by Board Member Daniel J. Butler (R-Frankfort), seconded by Kelly Hickey (D-Naperville), and passed without opposition.

⚠️ Extreme Heat Warning issued July 2 at 1:48PM CDT until July 3 at 12:00AM CDT by NWS Chicago IL
Today Jul 1
Partly Cloudy then Scattered Showers And Thunderstorms
74°

Partly Cloudy then Scattered Showers And Thunderstorms

Leave a Comment





Latest News Stories

Military responds swiftly to devastating Venezuelan earthquakes

Military responds swiftly to devastating Venezuelan earthquakes

By Sarah Roderick-FitchThe Center Square The U.S. has already begun deploying several civilian and military assets to Venezuela following two massive earthquakes. The South American country was struck by a...

WATCH: Eight years later, quiet opt-out rules can’t stop millions saved in union dues

By Carleen JohnsonThe Center Square Saturday June 27 marks eight years since the landmark Janus v. AFSCME decision where the U.S. Supreme Court ruled that public employees have a right...
Accounting analyst: SEC should examine Illinois pension funding

Accounting analyst: SEC should examine Illinois pension funding

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois is less tardy than usual with its Annual Comprehensive Financial Report for fiscal year 2025, but...
Illinois Quick Hits: Chicago man arrested in connection with planned attack at White House

Illinois Quick Hits: Chicago man arrested in connection with planned attack at White House

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A Chicago man has been arrested in connection with a planned attack that allegedly targeted the Ultimate...
Costar shareholders re-elect directors, resist external pressure

Costar shareholders re-elect directors, resist external pressure

By Tom JoyceThe Center Square CoStar shareholders overwhelmingly backed the company’s board and chief executive after months of pressure from activist investors. CoStar Group Inc. said shareholders reelected every director...
Trump accuses Iran of violating ceasefire after drone attack on cargo ship

Trump accuses Iran of violating ceasefire after drone attack on cargo ship

By Sarah Roderick-FitchThe Center Square Two weeks after the U.S. and Iran signed a memorandum of understanding, agreeing to enter a 60-day ceasefire, President Donald Trump is accusing the Islamic...
Legislature takes more measures against firms opposing redomiciling in Texas

Legislature takes more measures against firms opposing redomiciling in Texas

By Bethany BlankleyThe Center Square Texas lawmakers are taking additional measures against proxy advisory firms that oppose companies redomiciling to Texas as Dell shareholders approved redomiciling to Texas from Delaware...
Mistrial declared in federal Palisades Fire arson case

Mistrial declared in federal Palisades Fire arson case

By Chris WoodwardThe Center Square A mistrial was declared Friday morning in the federal arson trial of Jonathan Rinderknecht, charged with starting what became the Palisades Fire, one of Los...
Attorney: Supreme Court leaves path for property owners

Attorney: Supreme Court leaves path for property owners

By Elyse ApelThe Center Square A Pacific Legal Foundation attorney said the U.S. Supreme Court's latest ruling on a Michigan property seizure case is a disappointment for property owners but...
Ex-cops blast Chicago mayor’s new agency

Ex-cops blast Chicago mayor’s new agency

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Mayor Brandon Johnson is not saying exactly how much taxpayers will pay for his new Office...
Illinois Quick Hits: Chicago reports increased visitor spending

Illinois Quick Hits: Chicago reports increased visitor spending

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago’s destination marketing organization says the city welcomed 56.8 million visitors in 2025 and generated a record-setting...
Federalist Society panel takes on third-party lawsuit financing

Federalist Society panel takes on third-party lawsuit financing

By Jay Brown | Legal NewslineThe Center Square The pros and cons of the multibillion-dollar financing industry that has ignited the growth of mass tort litigation was the focus of...
Poll: Voters give Trump worse marks on economy than job overall

Poll: Voters give Trump worse marks on economy than job overall

By Brett RowlandThe Center Square President Donald Trump's economic approval has fallen further than his overall job approval, a reversal from the economic strength that got him elected, a new...
Two Democrats seek GOP congressman's seat in Colorado

Two Democrats seek GOP congressman’s seat in Colorado

By Liam HibbertThe Center Square Two state Democratic officials are nipping at the heels of the Republican incumbent in Colorado’s 8th Congressional District in what has been deemed one of...
WATCH: Report says more U.S. families are saving for college

WATCH: Report says more U.S. families are saving for college

By Esther WickhamThe Center Square As taxpayers continue subsidizing higher education and student loan debt at $1.8 trillion, more American families are planning and saving for college, according to a...