Illinois imposes 0.2% tax on digital asset services; industry seeks veto.
Crypto Council for Innovation issued a regulatory action on June 17, 2026.
- Primary
- Crypto Council for Innovation
- Date
- June 17, 2026
- Sub-sector
- Crypto / Stablecoin
Regulatory precedent that could spread to other states creates compliance and operational cost burden for crypto-enabled fintechs. If upheld, this tax structure becomes a model other jurisdictions may replicate, affecting unit economics for any founder operating crypto or digital asset services.
Source: pymnts.com