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.

⚠️ Flood Warning issued July 4 at 6:48PM CDT until July 5 at 11:00AM CDT by NWS Chicago IL
Sat Jul 4
Partly Sunny then Isolated Showers And Thunderstorms
79° 65°

Partly Sunny then Isolated Showers And Thunderstorms

💨 5 to 10 mph 💧 23%

Leave a Comment





Latest News Stories

Military spy budget surges 49%, details secret

Military spy budget surges 49%, details secret

By Brett RowlandThe Center Square President Donald Trump's Pentagon requested $50 billion from taxpayers on Tuesday for a budget so secret that the military will only say how much it...
Illinois Quick Hits: CTA leader addresses transit security

Illinois Quick Hits: CTA leader addresses transit security

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Transit Authority Acting President Nora Leerhsen says the agency has increased law enforcement hours by 75%...
Advocacy groups respond to new executive order on psychedelics

Advocacy groups respond to new executive order on psychedelics

By Morgan SweeneyThe Center Square Some say President Donald Trump’s new executive order on psychedelics goes too far, while others say it’s a good first step, but more action is...
Senators grill Warsh on Fed independence, assets

Senators grill Warsh on Fed independence, assets

By Andrew RiceThe Center Square Senators grilled Kevin Warsh, President Donald Trump’s nominee to lead the Federal Reserve, over his asset disclosures and independence from the president’s decision-making. The U.S....
U.S. Supreme Court declines to hear Cuomo COVID-19 lawsuit

U.S. Supreme Court declines to hear Cuomo COVID-19 lawsuit

By Chris WadeThe Center Square The U.S. Supreme Court has declined to hear a lawsuit against former New York Gov. Andrew Cuomo, claiming he was responsible for nursing home deaths...
Illinoisans 'ought be concerned' report ranks IL 45th for economic outlook

Illinoisans ‘ought be concerned’ report ranks IL 45th for economic outlook

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A tax and fiscal policy task force director says Illinois residents ought to be concerned about the...
Ceasefire deadline looms as talks with Iran remain uncertain

Ceasefire deadline looms as talks with Iran remain uncertain

By Sarah Roderick-FitchThe Center Square With just hours left before the ceasefire between the U.S. and Iran is set to expire, President Donald Trump still says a deal can be...
America's motor fuel prices up, still below rest of the world

America’s motor fuel prices up, still below rest of the world

By Alton WallaceThe Center Square American prices for transportation fuels gasoline and diesel remained at four-year highs on Tuesday as the war with Iran moved into the 53rd day and...
Fraud, licensing, enforcement in American freight proposal

Fraud, licensing, enforcement in American freight proposal

By Alan WootenThe Center Square American freight and transportation system fraud, licensing and improved enforcement is in a proposal from a North Carolina congressman. The SAFER Transport Act, says U.S....
House Ethics Committee releases list of 26 members investigated for sexual misconduct

House Ethics Committee releases list of 26 members investigated for sexual misconduct

By Bethany BlankleyThe Center Square The U.S. House Ethics Committee released a list of names of 26 current and former members of Congress who it’s investigated for sexual misconduct. It...
Warsh calls for Fed independence, reform

Warsh calls for Fed independence, reform

By Andrew RiceThe Center Square Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, said he would maintain the central bank's independence from the president and enact reforms...
Illinois Quick Hits: Pritzker awards $31.8M in forgivable cannabis loans

Illinois Quick Hits: Pritzker awards $31.8M in forgivable cannabis loans

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker awarded $31.8 million in forgivable loans through the state’s Cannabis Social Equity Loan...
Illinois quick hits: Two additional tornadoes confirmed

Illinois quick hits: Two additional tornadoes confirmed

By Jim Talamonti | The Center SquareThe Center Square Two additional tornadoes confirmed The National Weather Service says it has confirmed that two more tornadoes affected northern Illinois last Friday,...
Chicago officials investigate ex-mayoral employee, drinking by city workers

Chicago officials investigate ex-mayoral employee, drinking by city workers

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Chicago Board of Ethics is looking into allegations that a former high-level employee in the mayor’s...
IL businesses eligible for $8B in tariff refunds; Pritzker wants more for families

IL businesses eligible for $8B in tariff refunds; Pritzker wants more for families

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Two months after the U.S. Supreme Court struck down some of President Donald Trump’s tariffs, roughly $8...