Key Takeaways Two crypto groups are seeking a preliminary injunction. The 0.2% tax applies to covered exchanges, transfers, and storage. Plaintiffs say companies face millions of dollars in compliance costs. Crypto Groups Race to Stop […]
Key Takeaways Blockchain Association sued Aug. 21 to block Illinois’ 0.2% digital asset tax. Illinois’ 0.2% levy could tax trades, transfers and custody beginning Jan. 1. Crypto Council for Innovation wants enforcement blocked before Jan. […]
Key Takeaways The Digital Chamber filed suit in Sangamon County on July 21, against Illinois’ new crypto tax. The 0.2% tax on digital asset activity takes effect January 1, 2027, and could raise $60 million […]
Key Takeaways Illinois’ Digital Asset Tax Act imposes a 0.2% levy on crypto transfers effective Jan. 1, 2027, regardless of profit. The tax targets brokers earning over $100,000 from Illinois users and is projected to […]
© Copyright 2026 CryptoNods.com
