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Watch Illinois Department of Financial and Professional Regulation IL Jul 31, 2026

Illinois proposed financial rules remain pending for digital assets, kiosks, money transmission, and student loan servicing

IDFPR's proposed rules page listed several 2026 financial-rule proposals still pending as of late July 2026. The listed proposals include 38 IAC 1010 for the Student Loan Servicing Rights Act, 38 IAC 1031 for the Digital Asset and Consumer Protection Act, 38 IAC 1032 for the Digital Asset Kiosks Act, and 38 IAC 207 for the Uniform Money Transmission Modernization Act.

IDFPR's proposed rules page listed several 2026 financial-rule proposals still pending as of late July 2026. The listed proposals include 38 IAC 1010 for the Student Loan Servicing Rights Act, 38 IAC 1031 for the Digital Asset and Consumer Protection Act, 38 IAC 1032 for the Digital Asset Kiosks Act, and 38 IAC 207 for the Uniform Money Transmission Modernization Act.

What changed

Illinois continued to carry multiple proposed financial services rules that were identified by IDFPR as not currently in effect.

Compliance perspective

Student loan servicers, money transmitters, and digital asset businesses operating in Illinois should monitor these proposals and prepare gap assessments before final adoption. The proposals signal active rulemaking in several licensed sectors even though no final late-July action was confirmed.

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