Ill. Admin. Code tit. 38 § 205.60

Current through Register Vol. 48, No. 45, November 8, 2024

Section 205.60 - Permissible Investments

Digital currency shall not constitute a permissible investment for purposes of Section 50(a) of the Act. For the purposes of this Section, "digital currency" means a digital representation of value that:

a) is used as a medium of exchange, unit of account, or store of value; and

b) is not "money" as the term is defined in Section 5 of the Act, whether or not denominated in money.

Ill. Admin. Code tit. 38, § 205.60

Added at 47 Ill. Reg. 795, effective 1/5/2023