1 hour ago
Digital Chamber Sues to Block Illinois’ First-in-Nation 0.2% Crypto Tax
RegulationBlockchain Regulationcrypto exchangesCrypto Tax LawsuitDigital Asset Tax ActIllinois crypto taxInternet Tax Freedom ActJanuary 2027 Tax RulesThe Digital Chamber
Illinois’ 0.2% levy would tax digital asset value, not profits, fees, or gains from each transaction. The Digital Chamber says the law discriminates against blockchain activity under federal and state law. Brokers face monthly filings, location checks, valuation rules, and registration before January 2027. The lawsuit seeks immediate and permanent injunctions to stop Illinois from [...]
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