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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 interests have formally asked a federal court to pause the enforcement of a newly enacted tax in the state of Illinois. This legal maneuver is being undertaken as part of a broader strategy to challenge the tax’s constitutionality and its potential impact on innovation within the bl…
Sept. 9, 2026, noon
Policy
Cryptocurrency 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 asked an Illinois court to temporarily suspend the enforcement of a newly enacted state tax on crypto transactions. The request, filed as a motion for a preliminary injunction, seeks to pause the tax while the underlying legal challenge proceeds throug…
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 approached the judiciary, urging a temporary suspension of 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 halt the enforcement of the ta…
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‑focused lobbying groups have formally asked a federal court to pause the enforcement of Illinois' newly enacted tax on cryptocurrency transactions. The petition, filed as a motion for a preliminary injunction, seeks immediate relief while the broader legal c…
Sept. 9, 2026, noon
Policy
Crypto lobbying groups petition court to halt Illinois tax while lawsuit proceeds
In recent weeks, two of the most prominent advocacy organizations representing the digital‑currency sector have taken the fight over Illinois’ newly enacted crypto tax to the courtroom. The Crypto Council for Innovation, together with the Blockchain Association, filed a motion seeking a preliminary injunction that would temporarily suspend the state’s tax on cryptocurrency transactions while the …
Sept. 9, 2026, noon
Policy
Crypto Advocacy Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In recent developments within the United States regulatory landscape, two prominent industry coalitions—the Crypto Council for Innovation (CCI) and the Blockchain Association—have taken a decisive legal step aimed at halting the enforcement of a newly enacted Illinois tax on digital asset transactions. The coalitions have jointly filed a motion for a preliminary injunction, urging the federal dis…
Sept. 9, 2026, noon
Policy
Cryptocurrency lobbying groups petition court to halt Illinois tax amid ongoing litigation
In recent weeks, a coalition of cryptocurrency‑focused lobbying organizations has taken a decisive step in the legal battle over Illinois’ newly enacted tax on digital assets. The Crypto Council for Innovation, together with the Blockchain Association, filed a formal motion seeking a preliminary injunction that would temporarily suspend the enforcement of the state’s tax while the broader lawsuit…
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 the cryptocurrency sector have formally asked a federal court to temporarily block the enforcement of a newly enacted Illinois tax. The request, which takes the form of a motion for a preliminary injunction, seeks to pause the tax while the broader legal dispute surrounding the measure p…
Sept. 9, 2026, noon
Policy
Cryptocurrency advocacy groups petition the court to halt Illinois tax while lawsuit proceeds
In recent weeks, two of the most prominent lobbying organizations representing the digital‑currency sector have taken a bold 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 formally asked a federal court to issue a preliminary injunction that would temporarily suspend the enforcement of…
Sept. 9, 2026, noon
Policy
Cryptocurrency Advocacy Groups Petition Court to Halt Illinois Tax Pending Ongoing Litigation
In a decisive move that underscores the growing friction between emerging digital asset industries and state regulatory frameworks, two prominent cryptocurrency advocacy organizations have formally appealed to the judiciary to suspend the enforcement of a newly enacted tax measure in Illinois. The Crypto Council for Innovation, a leading trade group representing a broad spectrum of blockchain ent…
Sept. 9, 2026, noon