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Policy
Crypto Advocacy Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In a recent development that underscores the growing friction 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’ newly enacted tax on digital asset transactions. The request, filed as a motion for a preliminary injunction, seeks to te…
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 the cryptocurrency sector have formally asked a federal court to suspend the enforcement of a newly enacted tax in the state of Illinois. This request, known as a motion for a preliminary injunction, seeks to temporarily block the tax while the underlying legal dispute proceeds through t…
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 taken decisive legal action against 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 state’s tax w…
Sept. 9, 2026, noon
Policy
Cryptocurrency lobbying groups petition court to halt Illinois tax while lawsuit proceeds
In recent weeks, two of the most prominent trade groups representing the digital‑asset industry have turned to the federal courts in an effort to stop Illinois from enforcing a newly enacted tax on cryptocurrency transactions. The Crypto Council for Innovation (CCI) and the Blockchain Association, both of which serve as advocacy and policy‑shaping organizations for companies that develop, trade, …
Sept. 9, 2026, noon
Policy
Cryptocurrency advocacy groups petition the court to halt Illinois tax while lawsuit proceeds
In recent weeks, two prominent industry coalitions – the Crypto Council for Innovation and the Blockchain Association – have taken legal action to challenge a newly enacted tax measure in the state of Illinois. Their primary objective is to secure a preliminary injunction that would temporarily suspend the enforcement of the tax while the broader litigation unfolds. This move reflects a growing t…
Sept. 9, 2026, noon
Policy
Crypto Lobby Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In a significant development for the digital‑asset industry, two prominent lobbying organizations— the Crypto Council for Innovation (CCI) and the Blockchain Association—have formally asked a federal court to issue a preliminary injunction that would temporarily suspend the enforcement of a newly enacted Illinois tax on cryptocurrency transactions. Their request comes as the broader legal battle …
Sept. 9, 2026, noon
Policy
Crypto Advocacy Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In a recent development that underscores the growing tension between emerging digital asset industries and state regulators, two prominent crypto lobbying organizations have formally requested that a federal court issue a preliminary injunction to temporarily block the enforcement of a newly enacted Illinois tax on cryptocurrency transactions. This legal maneuver comes on the heels of a broader l…
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— the Crypto Council for Innovation (CCI) and the Blockchain Association— have formally petitioned a federal court to suspend the enforcement of a newly enacted Illinois tax on cryptocurrency transactions. This legal maneuver is part of a broader strategy to challenge the state’s fiscal policy, which …
Sept. 9, 2026, noon
Policy
Crypto Advocacy Groups Petition Court to Halt Illinois Tax While Litigation Persists
In a recent development that underscores the growing tension between emerging digital asset industries and state regulators, two prominent trade groups representing the cryptocurrency sector have formally asked a federal court to put a hold on the enforcement of a newly enacted Illinois tax. The request, filed as a motion for a preliminary injunction, seeks to temporarily suspend the tax while th…
Sept. 9, 2026, noon
Policy
Crypto Advocacy Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In a recent development that underscores the growing friction between emerging digital asset industries and state regulators, two prominent cryptocurrency advocacy groups have formally asked a federal court to pause the enforcement of a newly enacted Illinois tax on crypto transactions. The request, which takes the form of a motion for a preliminary injunction, seeks to temporarily suspend the ta…
Sept. 9, 2026, noon