Illinois consents to a six‑month postponement of the cryptocurrency tax amid ongoing litigation
In a notable development for the burgeoning digital‑asset sector, the state of Illinois has reached an agreement to temporarily halt the enforcement of its newly proposed cryptocurrency transaction tax. The tax, which would have imposed a modest 0.2 percent charge on the sale, exchange, or other disposition of virtual currencies, is now slated to be deferred for a period of six months, with the n…
Oct. 1, 2026, 11:58 a.m.