Narrow Compromise Ruling

The court preserves part of the law but narrows how Illinois may apply it, likely excluding most incidental, out-of-state, DeFi, and NFT-linked activity. This path is realistic because Illinois already delayed implementation and exempted NFTs and most DeFi after industry pushback.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.