Digital Chamber sues Illinois officials over new state 0.2% crypto tax
Cointelegraph 2026-07-22 16:28:10
Context: The Digital Chamber, a trade association, has filed a lawsuit against Illinois officials over a new state tax on cryptocurrency transactions. The tax, which was signed into law in June, imposes a 0.2% levy on crypto transactions. The lawsuit claims that the tax discriminates against people who transact in digital assets.
Key Facts
- The Digital Chamber's lawsuit alleges that the 0.2% crypto tax, signed into law in June, discriminates against individuals who engage in digital asset transactions, and is seeking to block its implementation and enforcement.
- The tax in question applies to transactions involving digital assets, and the Digital Chamber claims that it unfairly targets people who use cryptocurrencies.
- The lawsuit was filed against Illinois officials, although the specific officials named in the lawsuit are not specified in the available information.