When a government regulates something, they generally don't do it for free. Anytime a new agency or task force is created they usually get their funding from the community they are "helping.". Although Young didn't mention taxes in this article, I extrapolated it from my understanding of how governments operate. Much like police Dept. And highway patrol, a good portion of their budget comes from the fines they levy. I can do more research on this bill in the Illinois legislator and do an update post. Thanks for your questions.
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I tend to agree. The big guys at the top want to stay there, and if things go more toward cryptocurrency, then they won't be at the top. So they have a vested interest in the established way of doing things.
As for the state of Illinois, I'm in favor of abolishing it - or at least Chicago.