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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 contest a newly enacted tax measure in the state of Illinois. Their combined effort centers on a formal petition to the federal district court, seeking a preliminary injunction that would temporarily suspend the enforcement of the tax while the un…
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 (CCI) and the Blockchain Association – have intensified their legal battle with the state of Illinois over a newly enacted tax that targets digital asset transactions. The groups have formally petitioned a federal district court to issue a preliminary injunction that would temporarily suspend the tax while the …
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 trade groups representing cryptocurrency firms have formally asked a federal court to temporarily suspend the enforcement of Illinois’ newly enacted digital asset tax while the underlying legal dispute proceeds. The petition, filed as a motion for a preliminary injunction, seeks to pause the tax’s application until the cou…
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 sector, two prominent industry coalitions have formally asked a federal court to put a temporary stop to the enforcement of a newly enacted tax measure in Illinois. This request, known as a motion for a preliminary injunction, seeks to pause the tax’s application while the broader legal dispute proceeds through the courts. The move comes on the h…
Sept. 9, 2026, noon
Policy
Crypto Lobbying Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In a significant development for the cryptocurrency sector, two prominent lobbying organizations— the Crypto Council for Innovation and the Blockchain Association— have formally asked a federal court to temporarily suspend the enforcement of Illinois' newly enacted cryptocurrency tax while their legal challenge proceeds. The move underscores the growing tension between state regulators seeking to…
Sept. 9, 2026, noon
Policy
Crypto Advocacy Groups Petition Court to Halt Illinois Tax Amid Ongoing Lawsuit
In recent weeks, two prominent organizations representing the cryptocurrency sector have taken decisive legal action aimed at preventing the enforcement of a newly enacted tax measure in the state of Illinois. The Crypto Council for Innovation, a coalition that brings together a diverse array of digital asset firms, alongside the Blockchain Association, which serves as a national trade group for …
Sept. 9, 2026, noon
Policy
Cryptocurrency Advocacy Groups Petition Court to Halt Illinois Tax Pending Ongoing Litigation
In a significant development for the digital asset sector, two prominent industry coalitions have formally asked a federal court to temporarily block the enforcement of a newly enacted Illinois tax on cryptocurrency transactions. The Crypto Council for Innovation, together with the Blockchain Association, submitted a motion for a preliminary injunction, arguing that the tax—intended to capture re…
Sept. 9, 2026, noon
Policy
Cryptocurrency lobbying groups petition court to halt Illinois tax while lawsuit proceeds
In recent weeks, a coalition of cryptocurrency‑focused lobbying organizations has taken a decisive legal step to challenge a newly enacted tax measure in the state of Illinois. The Crypto Council for Innovation, together with the Blockchain Association, have jointly filed a motion seeking a preliminary injunction that would temporarily suspend the enforcement of the state’s tax on digital asset t…
Sept. 9, 2026, noon
Policy
Crypto Lobbying Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In a significant development for the digital‑asset industry, two of the most prominent advocacy groups representing cryptocurrency businesses have formally asked a federal court to temporarily block 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 preserve the status quo and prevent the sta…
Sept. 9, 2026, noon
Policy
Cryptocurrency lobbying groups petition court to halt Illinois tax pending lawsuit
In a significant development for the digital‑currency industry, two of the most prominent lobbying organizations representing cryptocurrency interests have formally asked an Illinois court to temporarily suspend the enforcement of a newly enacted state tax. The request, filed as a motion for a preliminary injunction, seeks to pause the tax while the broader legal challenge proceeds through the co…
Sept. 9, 2026, noon