Illinois officials have agreed to support a six-month delay to the state’s incoming digital asset tax while a court considers whether the law is constitutional. The tax was scheduled to take effect on January 1, […]
Illinois has published draft rules explaining how its incoming digital asset tax could apply to stablecoins, exchange transfers, and some DeFi transactions. The tax is already law and is due to take effect on January […]
Crypto lobby group The Digital Chamber (TDC) has moved to block Illinois state’s 0.2% blanket digital asset tax rule. In a lawsuit filed in Sangamon County, Illinois, the trade group argued the move would “address […]
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