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CFTC chair blasts Illinois over ‘punitive’ crypto tax

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2 outlets - including Livebitcoinnews and Crypto - are covering this story. CFTC Chair Michael Selig criticizes Illinois’ 0.2% crypto transfer tax, saying it treats blockchain transactions differently. CFTC Chairman Michael Selig criticized Illinois’ new crypto tax law after lawmakers approved a 0.2% levy on blockc…

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Live Bitcoin News Jul 3, 10:14 UTC

CFTC Chair Warns Illinois Crypto Tax Could Be Chicago’s ‘Last Trade’

CFTC Chair Michael Selig criticizes Illinois’ 0.2% crypto transfer tax, saying it treats blockchain transactions differently. CFTC Chairman Michael Selig criticized Illinois’ new crypto tax law after lawmakers approved a 0.2% levy on blockc…

CFTC chair blasts Illinois over ‘punitive’ crypto tax
Crypto.news Jul 3, 04:57 UTC

CFTC chair blasts Illinois over ‘punitive’ crypto tax

CFTC Chair Michael Selig criticized Illinois’ 0.2% crypto tax, saying it could hurt innovation as federal rule talks continue.