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Illinois’ 0.2% Crypto Tax Sparks a Full-Blown Courtroom War

Published Source: Bitcoin.com NewsRead original

AI Summary Two heavyweight crypto trade groups have dragged Illinois into court over a first-in-the-nation 0.2% tax that could hammer digital asset trades, transfers, and storage when it kicks in Jan. 1, 2027. The Blockchain Association and Crypto Council for Innovation filed the complaint on Aug. 21 in Sangamon County Circuit Court against Illinois Department of Revenue […] fulltext: 372 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/regulation-and-legal/illinois-0-2-crypto-tax-sparks-a-full-blown-courtroom-war/ Source: Bitcoin.com News

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