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Crypto industry aghast at Illinois' new tax on holding or transferring digital assets in state budget
The 0.2% tax on any business activity involving digital assets was added last-minute, and is unlikely to change, two people familiar with the matter said.
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cryptobriefing.com
Illinois becomes first state to impose digital asset trading tax, drawing sharp criticism from industry and legal experts
Illinois signed the Digital Asset Tax Act imposing a 0.2% privilege tax on crypto brokers, becoming the first state to single out digital assets for unique
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cointelegraph.com
Illinois Governor Signs Illinois Budget Including Crypto Tax
Governor JB Pritzker signed the Illinois FY27 state budget, which includes a 0.2% digital asset privilege tax.
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bitcoinmagazine.com
Crypto Industry Slams Illinois' New Digital Asset Tax As 'Most Punitive' In U.S.
Illinois became the first U.S. state to impose a transaction-based crypto tax after Gov. JB Pritzker signed SB 3019 into law.
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decrypt.co
Illinois Set to Begin Taxing Bitcoin, Crypto Transactions as Critics Slam 'Most Punitive' Tax - Decrypt
Critics say the Illinois transaction-level tax could deal severe consequences to the crypto industry and consumers in the state.
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coindesk.com
Crypto industry aghast at Illinois' new tax on holding or transferring digital assets in state budget
The 0.2% tax on any business activity involving digital assets was added last-minute, and is unlikely to change, two people familiar with the matter said.
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thedefiant.io
Illinois Enacts the Strictest Digital-Asset Tax in the US as Industry Group Urges Veto - "The Defiant"
Illinois Governor JB Pritzker signed SB 3019, the Digital Asset Privilege Tax Act, making Illinois the first state to impose a 0.2% transaction-based tax on digital-asset…
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theblock.co
'One of the most anti-crypto laws in the US': Illinois Gov. Pritzker signs 0.2% crypto tax
Crypto industry lobbyists and representatives are speaking out against the Digital Asset Tax Act passed into law in Illinois on Tuesday.
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Illinois passes law to tax crypto transfers starting 2027
Illinois signed the Digital Asset Tax Act into law, imposing a 0.2% tax on crypto transactions starting January 1, 2027, becoming the first US state with
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Illinois becomes first US state to tax digital asset transactions with new 0.2% levy
Illinois Governor Pritzker signed the Digital Asset Tax Act, imposing a 0.2% tax on crypto transactions starting January 2027, projected to raise $60M
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news.bitcoin.com
Illinois Governor JB Pritzker Greenlights Crypto Tax of 0.2% on Every Transfer Starting 2027
Illinois enacted a 0.2% tax on crypto transfers from 2027, charged on gross value regardless of profit.