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Illinois Enacts New 0.2% Tax on Digital Asset Activities, Drawing Industry Criticism
Illinois has surprised the crypto industry by implementing a new 0.2% tax on digital asset business activities, sparking widespread concern.

Illinois has surprised the crypto industry by implementing a new 0.2% tax on digital asset business activities, sparking widespread concern.

Illinois has enacted a new transaction tax on cryptocurrency trades, drawing significant criticism from industry participants who argue it creates an unfair burden.

Illinois is on the verge of enacting a new budget plan that includes a 0.2% tax on cryptocurrency transactions, placing the collection burden on registered brokers.