Crypto Briefing·
Illinois' pause on data center tax credits highlights the growing tension between energy demands and economic incentives, urging legislative action. The post Illinois Governor JB Pritzker pauses data center tax credits amid electricity rate concerns appeared first on Crypto Briefing.
Read full articleSenate Bill 315, which passed with broad support in the legislature and now awaits the governor’s signature, mandates annual independent third-party audits of frontier AI models’ safety practices.
Illinois' pause on data center tax breaks may shift crypto miners to states with more favorable incentives, impacting local economies and energy policies. The post Illinois governor pauses data center tax breaks starting July 1, raising costs for crypto miners appeared first on Crypto Briefing.
According to a fiscal year 2027 budget bill passed by the Illinois General Assembly, the state is moving forward with a new tax on cryptocurrency transactions that would apply to digital asset brokers operating in Illinois. Included within the state’s…
The law, part of a budget plan passed by Illinois lawmakers, would put the burden of collecting a 0.2% tax on crypto transactions on a registered broker.
Gov. JB Pritzker says he intends to sign legislation to give Illinois a regulatory framework for artificial intelligence developers with a measure that garnered bipartisan support and the backing of AI companies.
Here’s why Anthropic and OpenAI are on board with Illinois safety testing.
Illinois' AI safety bill could set a national precedent, pushing companies to adopt comprehensive safety audits and transparency standards. The post Illinois passes nation’s strongest AI safety bill requiring audits of major labs appeared first on Crypto Briefing.
The bill requires companies like OpenAI, Anthropic, and Google to have third parties confirm they’re following safety standards. Illinois Governor JB Pritzker says he’ll sign.
