State Rep. Margaret Croke wants to make Illinois a leader in the FinTech industry

This illustration photo shows the Coinbase logo on a smartphone in Los Angeles on April 13, 2021. – The arrival April 13, 2021, of cryptocurrency exchange Coinbase on Nasdaq is one of the most anticipated events of the year on Wall Street, where enthusiasm for record-breaking bitcoin is in full swing, despite questions about the sustainability of the market. (Photo by Chris DELMAS / AFP) (Photo by CHRIS DELMAS/AFP via Getty Images)

Posted: Apr 28, 2021 / 05:15 PM CDT

Updated: Apr 28, 2021 / 05:15 PM CDT

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State Rep. Margaret Croke joins Anna to talk about why she’s sponsoring legislation to allow financial service companies that deal with crypto-assets to apply for a charter through the Illinois Department of Financial and Professional Regulation, Division of Banking, just like any other financial institution. This will allow Illinois to become a financial center for the FinTech industry and the jobs that come with it.