#Illinois Crypto Tax

September 30, 2026

Illinois Drafts Crypto Transaction Tax That Could Hit Trades Without Profit

Daily Feed

Illinois is reportedly weighing draft crypto tax rules that could hit transactions even when no profit is made, sparking backlash from industry groups. The big catch: the proposal still needs confirmation, but if accurate, it could make simply moving crypto a taxable headache.

#Crypto Regulation #Digital Chamber #Illinois Crypto Tax #Transaction Tax

Read Full Article

June 18, 2026

Illinois Crypto Tax Sparks Backlash as 0.2% Levy Targets Exchanges and Transfers

Daily Feed

Illinois approved a 0.2% tax on crypto business activity, hitting exchanges, transfers, and custody services starting in 2027. Critics say it unfairly targets digital assets, may even snag bank transfers, and is headed for a legal fight.

#Digital Assets #Crypto Council for Innovation #Illinois Crypto Tax #J.B. Pritzker

Read Full Article