Illinois

Illinois is set to become the first U.S. state to apply a direct tax on every crypto transaction, and the crypto lobby …

A crypto lobbying organization has sued the state of Illinois over a last-minute tax provision inserted into the state budget last month. …

Illinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year. www.coindesk.com

Illinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year. www.coindesk.com

CFTC Chairman Michael Selig has accused Illinois lawmakers of putting Chicago’s future as a global financial center at risk with its first-of-its-kind …

U.S. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig has publicly criticized Illinois’ newly enacted Digital Asset Privilege Tax Act, calling it …

Kalshi has filed a federal lawsuit challenging a new Illinois law that would require prediction market platforms offering sports event contracts to …

In brief Kalshi sued Illinois after the state created a 15% tax on revenue from sports-related prediction market wagers. The tax is …

If you are an Illinois resident and hold crypto in a centralized exchange, a new cost is coming that most investors have …

Illinois has opened a new front in state-level crypto regulation after Governor J.B. Pritzker signed a budget package containing the Digital Asset …