Organizations join forces to fight Illinois crypto tax, after 6-month pause
Summary
The Crypto Council for Innovation and Blockchain Association asked an Illinois court to expedite summary judgment in their challenge to the state’s Digital Asset Tax Act. The 0.2% tax, scheduled to begin in January 2027, has been delayed until July 1, 2027, while lawsuits proceed. If approved, the accelerated schedule could produce a decision on the law’s merits by March. The groups argue the tax is unlawful and was added to the state budget without public debate.
