Trade groups seek to block Illinois crypto tax before January effective date

Crypto Insight Summary: Following on their earlier lawsuit, CCI and the Blockchain Association seek to block Illinois’ 0.2% crypto tax, arguing it is unconstitutional and would impose costly compliance burdens. Crypto Insight Analysis: Direction: Bullish ETH / Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Legal challenge to Illinois crypto tax could boost sentiment if successful.