The Digital Chamber sues Illinois over incoming crypto transaction tax
Covered by 12 sources · 12 articles
12 outlets - including Crypto-economy, Livebitcoinnews and Coin-turk and 9 more - are covering this story. TL;DR: The Digital Chamber filed a formal lawsuit in Sangamon County, Illinois, to block the Digital Asset Tax Act. The legislation enacted in June applies a 0.2% tax on digital asset transactions, transfers, and custody starting January 1,…
All coverage
Digital Chamber Challenges Illinois Over Controversial Crypto Tax Law
TL;DR: The Digital Chamber filed a formal lawsuit in Sangamon County, Illinois, to block the Digital Asset Tax Act. The legislation enacted in June applies a 0.2% tax on digital asset transactions, transfers, and custody starting January 1,…
Digital Chamber Sues Illinois Over Digital Asset Tax Act
Digital Chamber seeks to block Illinois’ 0.2% Digital Asset Tax before 2027. Lawsuit claims blockchain transactions face unfair and discriminatory taxation. Case challenges the tax under constitutional and federal commerce protections. The…
Digital Chamber sues Illinois over 0.2% crypto transaction tax set for 2027
🚨 The Digital Chamber sues Illinois to block a 0.2% tax on crypto transactions set for 2027. 💼 Illinois requires brokers to charge the 0.2% levy, with penalties for non-compliance. 🧐 Advocacy groups warn this could harm innovation and tr…
Digital Chamber sues Illinois officials over new state 0.2% crypto tax
The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and should be blocked from implementation and enforcement.
The Digital Chamber Sues the State of Illinois Over First-Ever 0.2% Crypto Tax
The Digital Chamber, a crypto trade association led by CEO Cody Carbone, sued the state of Illinois over its new Digital Asset Tax Act, becoming the first industry group to challenge the nation’s first state-level tax targeting crypto busin…
Illinois Crypto Transaction Tax Faces Industry Lawsuit
Digital Chamber lawsuit targets Illinois' 0.2% crypto transaction tax ahead of Jan. 1, 2027 start, as repeal bill HB 5798 surfaces and CFTC chief slams the plan.
Digital Chamber Sues Illinois Over First State Crypto Transaction Tax
The Digital Chamber of Commerce sues Illinois to block a 0.2% tax on every crypto transaction, arguing it will drive traders and exchanges out of the state.
Crypto Industry Sues Illinois to Kill First-Ever US Digital Asset Tax
The lawsuit argues Illinois' first-of-its-kind 0.2% crypto transaction tax unfairly targets blockchain activity, violating state and federal constitutional protections.
Digital Chamber Sues Illinois Over 0.2% Crypto Tax Law
The Digital Chamber sued the Illinois Department of Revenue on Tuesday, asking a Sangamon County court to strike down the state’s new Digital Asset Tax Act before it takes effect. The trade group represents more than 250 blockchain firms. I…
Breaking: Digital Chamber Sues Illinois To Challenge New Crypto Tax Law
The Digital Chamber has sued the State of Illinois over the new Digital Asset Tax Act that it passed. The industry group has requested a court in Sangamon County to halt the law before it goes into effect Jan. 1, 2027. It became the first c…
Digital Chamber sues to block Illinois’ digital asset tax before 2027 launch
Digital Chamber sues to block Illinois' digital asset tax before 2027 launch. Bitcoin reaching $160K by December 31, 2026 at 2.8% YES.
The Digital Chamber sues Illinois over incoming crypto transaction tax
The Digital Chamber is taking Illinois to court over its decision to pass a law imposing a 0.2% tax on digital asset transactions.