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.

Leave a Comment





Latest News Stories

U.S. launches retaliatory strikes against Iran

U.S. launches retaliatory strikes against Iran

By Sarah Roderick-FitchThe Center Square United States military strikes were launched in retaliation against Iran on Friday. President Donald Trump said the Islamic Republic targeted a cargo ship with drones...
Illinois sued over prediction market law imposing new taxes, regulations

Illinois sued over prediction market law imposing new taxes, regulations

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A lawsuit against a new Illinois law taxing prediction markets has been filed in federal court, presenting...
Epstein's billionaire associate subpoenaed after refusing to answer oversight committee

Epstein’s billionaire associate subpoenaed after refusing to answer oversight committee

By Thérèse BoudreauxThe Center Square U.S. lawmakers on the House Oversight Committee appeared stunned after billionaire Leon Black, a close associate of the late convicted sex trafficker Jeffrey Epstein, walked...
Energy institute launches website criticizing use of 'extreme' climate scenario

Energy institute launches website criticizing use of ‘extreme’ climate scenario

By Tom JoyceThe Center Square The American Energy Institute launched a new website that argues governments, researchers, and other institutions relied on an extreme climate scenario long after scientists questioned...
Trump threatens 100% tariff over European digital services taxes

Trump threatens 100% tariff over European digital services taxes

By Brett RowlandThe Center Square President Donald Trump threatened Friday to impose a 100% tariff on any country that implements a digital services tax on U.S. technology companies, a move...
Trump teases 'you'll find out' on U.S. response to Iranian drone attack

Trump teases ‘you’ll find out’ on U.S. response to Iranian drone attack

By Sarah Roderick-FitchThe Center Square Following drone attacks by Iranian forces on a ship transiting the Strait of Hormuz, President Donald Trump told reporters that they will find out if...
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...