Regulatory · Crypto / Stablecoin · 2026

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

Jones Day issued a regulatory action on July 2, 2026.

Primary
Jones Day
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 obligations and plan for registration/recordkeeping requirements ahead of enforcement.

Primary company
Jones Day
Counterparty
Not disclosed
Amount
Not disclosed
Event date
July 2, 2026
Sub-sector
Crypto / Stablecoin
HQ
Not disclosed
Structure
Not disclosed
Source published
Not disclosed
Publisher
PYMNTS

Source: pymnts.com