Illinois introduces 0.2% crypto tax effective Jan 1, 2027; brokers must prepare

Jones Day issued regulatory on July 2, 2026.

Primary

Jones Day

Structure

regulatory

Date

July 2, 2026

Sub-sector

Crypto / Stablecoin

State-level crypto taxation creates compliance and operational burden for fintech firms with Illinois exposure. Founders in crypto/stablecoin need to understand regional tax obliga

Primary company

Jones Day

Counterparty

Not disclosed

Amount

Not disclosed

Event date

July 2, 2026

Sub-sector

Crypto / Stablecoin

HQ

Not disclosed

Structure

regulatory

Source published

Not disclosed

Publisher

PYMNTS

Source: pymnts.com