The Blockchain Association and Crypto Council for Innovation have filed a joint lawsuit challenging Illinois’ Digital Asset Tax Act, setting up a …
Illinois
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The Blockchain Association and Crypto Council for Innovation filed the complaint on Aug. 21 in Sangamon County Circuit Court against Illinois Department …
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The Crypto Council for Innovation and the Blockchain Association added another lawsuit against the state for its recently approved 0.2% crypto tax. …
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Adoption
Digital Chamber Sues Illinois Over First State Crypto Transaction Tax
by shayaanby shayaanIllinois is set to become the first U.S. state to apply a direct tax on every crypto transaction, and the crypto lobby …
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A crypto lobbying organization has sued the state of Illinois over a last-minute tax provision inserted into the state budget last month. …
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Markets
Crypto lobby group Digital Chamber sues Illinois to block digital asset tax
by shayaanby shayaanIllinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year. www.coindesk.com
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Markets
Crypto lobby group Digital Chamber sues Illinois to block digital asset tax
by shayaanby shayaanIllinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year. www.coindesk.com
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Regulation
CFTC Chair Selig calls Illinois crypto tax a threat to Chicago’s financial legacy
by shayaanby shayaanCFTC 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 …
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Regulation
CFTC Chairman Warns Illinois Crypto Tax Threatens Chicago’s Financial Future
by shayaanby shayaanU.S. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig has publicly criticized Illinois’ newly enacted Digital Asset Privilege Tax Act, calling it …
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Kalshi has filed a federal lawsuit challenging a new Illinois law that would require prediction market platforms offering sports event contracts to …