Illinois Grants Six-Month Postponement of Cryptocurrency Tax Amid Ongoing Legal Fight
In a significant development for the burgeoning digital‑asset industry, the state of Illinois has reached an agreement to postpone the implementation of its newly proposed cryptocurrency transaction tax by six months. The tax, which would have imposed a modest 0.2 percent charge on the sale or exchange of virtual currencies, was slated to take effect earlier this year. However, after intensive ne…
Oct. 1, 2026, 11:58 a.m.