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

   1. b) is not a medium of exchange that is authorized or adopted by the United States or a foreign government as part of its currency and that is customarily used and accepted as a medium of exchange in the country of issuance or a monetary unit of account established by an intergovernmental organization or by agreement between two or more governments. [205 ILCS 658/2-1]

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

(Source: Amended at 48 Ill. Reg. 17546, effective November 20, 2024)