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Policy
Crypto Advocacy Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In a bold move that underscores the growing friction between emerging digital asset industries and state regulators, two prominent crypto lobbying organizations have formally asked a federal court to suspend the enforcement of Illinois' newly enacted cryptocurrency tax. The Crypto Council for Innovation, together with the Blockchain Association, submitted a motion for a preliminary injunction, se…
Sept. 9, 2026, noon
Policy
Cryptocurrency lobbying groups petition 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 decisive legal steps to challenge a newly enacted tax measure in the state of Illinois. Their combined effort culminated in a formal request to the federal court, asking for a preliminary injunction that would temporarily suspend the enforcement of the tax while the b…
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 friction between emerging digital asset industries and state regulators, two prominent crypto lobbying organizations—the Crypto Council for Innovation and the Blockchain Association—have formally asked a federal court to issue a preliminary injunction that would temporarily suspend the enforcement of Illinois’ newly enacted tax on certain cryptocurr…
Sept. 9, 2026, noon
Policy
Crypto lobbying 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 advocacy organizations representing the cryptocurrency sector have formally asked a federal court to pause the enforcement of Illinois’ newly enacted tax on certain crypto‑related activities. The request, filed as a motion for a preliminary injunction, seeks t…
Sept. 9, 2026, noon
Policy
Crypto lobbying 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 crypto‑focused lobbying organizations have asked an Illinois court to temporarily suspend the enforcement of a newly enacted state tax on cryptocurrency transactions. The request, formally presented as a motion for a preliminary injunction, seeks to pause the…
Sept. 9, 2026, noon
Policy
Crypto lobbying groups request 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 combined effort has now culminated in a formal motion asking a federal court to issue a preliminary injunction that would temporarily suspend the enforcement of the tax while the bro…
Sept. 9, 2026, noon
Policy
Crypto Advocacy Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In a significant development within the cryptocurrency regulatory landscape, two prominent industry coalitions have formally approached the judiciary, seeking an immediate 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 requesting a preliminary injunction that would tempora…
Sept. 9, 2026, noon
Policy
Cryptocurrency 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 regulatory frameworks, two prominent cryptocurrency advocacy organizations have formally petitioned a federal court to temporarily block the enforcement of a newly enacted Illinois tax on digital assets. The Crypto Council for Innovation, a leading trade group that represents a broad spectr…
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 advocacy organizations have formally asked a federal court to pause the enforcement of a newly enacted tax measure in Illinois. This move comes as part of a broader legal strategy aimed at challenging the state’s attempt to impose a tax that many in the cryptocurrency sector argue is both ambiguous and potentially detrimen…
Sept. 9, 2026, noon
Policy
Cryptocurrency lobbying groups petition 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 decisive legal steps to contest a newly enacted tax measure in the state of Illinois. Their combined effort centers on a request for a preliminary injunction, a legal mechanism that, if granted, would temporarily suspend the enforcement of the tax while the broader lawsui…
Sept. 9, 2026, noon