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Home›Crypto›Regulation›Digital Chamber sues Illinois over 0.2% crypto transac…

Digital Chamber sues Illinois over 0.2% crypto transaction tax

The lawsuit challenges Illinois's move to levy a 0.2% tax on digital asset transactions.

Reported · Written up by our desk · Regulation

The Digital Chamber has filed a lawsuit against Illinois over the state's decision to impose a crypto transaction tax.

According to The Block, the law would charge a 0.2% tax on digital asset transactions, prompting the trade group to seek legal review in court.

The case centers on whether the proposed tax can stand as implemented by Illinois.

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Sources

The BlockThe Digital Chamber sues Illinois over incoming crypto transaction tax

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