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Policy
Cryptocurrency lobbying groups petition court to halt Illinois tax while lawsuit proceeds
In a recent development that underscores the growing tension between emerging digital asset industries and state regulators, two prominent lobbying organizations representing the cryptocurrency sector have formally asked a federal court to suspend the enforcement of Illinois’ new tax on digital assets. The request, which takes the form of a motion for a preliminary injunction, seeks to temporaril…
Sept. 9, 2026, noon
Policy
Cryptocurrency Advocacy Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In recent developments, two prominent cryptocurrency advocacy organizations have taken a decisive step in the legal battle over a newly enacted tax measure in the state of Illinois. The Crypto Council for Innovation, alongside the Blockchain Association, have formally petitioned the federal district court to issue a preliminary injunction that would temporarily suspend the enforcement of the stat…
Sept. 9, 2026, noon
Policy
Crypto Advocacy Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In recent weeks, two prominent industry coalitions—the Crypto Council for Innovation and the Blockchain Association—have taken decisive legal action to challenge a newly enacted tax measure in the state of Illinois. Their combined effort has now culminated in a formal petition to a federal district court, asking the judge to issue a preliminary injunction that would temporarily suspend the enforc…
Sept. 9, 2026, noon
Policy
Cryptocurrency Advocacy Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In a significant development for the digital asset industry, two prominent lobbying organizations representing cryptocurrency interests have formally approached a federal court with a request to temporarily suspend the enforcement of a newly enacted tax measure in the state of Illinois. This legal maneuver, known as a motion for a preliminary injunction, seeks to halt the tax’s implementation whi…
Sept. 9, 2026, noon
Policy
Crypto lobbying groups petition court to halt Illinois tax amid ongoing lawsuit
In a decisive legal maneuver, two prominent cryptocurrency advocacy organizations have asked an Illinois court to temporarily suspend the enforcement of a newly enacted state tax on digital asset transactions. The Crypto Council for Innovation, a trade group that represents a broad spectrum of blockchain firms, and the Blockchain Association, which champions the interests of the broader crypto ec…
Sept. 9, 2026, noon
Policy
Cryptocurrency Advocacy Groups Petition Court to Halt Illinois Tax While Litigation Persists
In recent developments surrounding the regulation of digital assets, two prominent industry coalitions— the Crypto Council for Innovation and the Blockchain Association—have jointly filed a formal petition with the Illinois state court system, seeking a preliminary injunction that would temporarily suspend the enforcement of a newly enacted tax on cryptocurrency transactions. This legal maneuver …
Sept. 9, 2026, noon
Policy
Crypto Advocacy Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In a decisive move that underscores the growing tension between emerging digital asset industries and state regulators, two prominent crypto advocacy organizations have formally asked a federal court to pause the enforcement of a new Illinois tax while their legal challenge proceeds. The Crypto Council for Innovation (CCI) and the Blockchain Association, both of which represent a broad coalition …
Sept. 9, 2026, noon
Policy
Crypto lobbying groups petition court to halt Illinois tax amid ongoing lawsuit
In a decisive move that underscores the growing tension between emerging digital‑asset industries and state regulators, two prominent cryptocurrency advocacy groups have asked an Illinois court to temporarily block the enforcement of a newly enacted tax on digital‑asset transactions. The petition, filed as a motion for a preliminary injunction, seeks to pause the tax while the plaintiffs continue…
Sept. 9, 2026, noon
Policy
Cryptocurrency advocacy groups petition the court to halt Illinois tax pending ongoing litigation
In recent weeks, two prominent lobbying entities representing the digital‑currency sector have taken a decisive legal step in the state of Illinois. The Crypto Council for Innovation, together with the Blockchain Association, filed a motion seeking a preliminary injunction that would temporarily suspend the enforcement of a newly enacted state tax on cryptocurrency transactions. Their request com…
Sept. 9, 2026, noon
Policy
Crypto Advocacy Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In a significant development for the digital asset industry, two prominent lobbying organizations representing cryptocurrency interests have formally asked a federal court to pause the enforcement of a newly enacted Illinois tax while their legal challenge proceeds. The petition, filed as a motion for a preliminary injunction, seeks to prevent the state from collecting the tax until the courts ha…
Sept. 9, 2026, noon