How Illinois’ Crypto Tax Law Threatens Decentralized Finance

A crypto advocacy group called Digital Chamber is taking Illinois to court over a new tax on digital asset transactions. Governor JB Pritzker just signed the 0.2% privilege tax into law (0.2% tax on the exchange, transfer, or custody of a client’s digital assets), and it’s already facing a lot of pushback. The lawsuit argues […] Read The Full Article How Illinois’ Crypto Tax Law Threatens Decentralized Finance On Coin Edition.