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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‑currency sector have taken a bold step in the state of Illinois, asking a federal judge to temporarily block the enforcement of a newly enacted tax on cryptocurrency transactions. The Crypto Council for Innovation and the Blockchain Association, both of which serve as the primary advocacy voices for blockchain‑based …
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 lobbying organizations have formally asked a federal court to pause the enforcement of a newly enacted Illinois tax while their broader legal challenge proceeds. The Crypto Council for Innovation, a trade group representing a wide spectrum of cryptocurrency …
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 judge to pause the enforcement of a newly enacted Illinois tax while their legal challenge proceeds. The request, filed as a motion for a preliminary injunction, seeks to temporarily suspend the tax’s collection and enforcement mechanisms until th…
Sept. 9, 2026, noon
Policy
Crypto Advocacy 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 regulatory frameworks, two prominent cryptocurrency lobbying organizations have formally appealed to the judiciary, seeking an immediate suspension of a newly enacted tax in Illinois. The request, filed as a motion for a preliminary injunction, arrives just weeks after the Crypto Council fo…
Sept. 9, 2026, noon
Policy
Crypto lobbying groups petition court to halt Illinois tax amid ongoing lawsuit
In a recent development that underscores the growing friction between state regulators and the digital‑currency industry, two prominent lobbying coalitions representing cryptocurrency firms have filed a formal request with an Illinois court to temporarily suspend the enforcement of a newly enacted state tax. The request, known as a motion for a preliminary injunction, seeks to pause the tax while…
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 legal action to challenge a newly enacted tax measure in the state of Illinois. Their combined effort has now escalated to a formal request for a preliminary injunction, asking the court to temporarily suspend the enforcement of the tax while the broader case procee…
Sept. 9, 2026, noon
Policy
Cryptocurrency lobbying 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 advocacy groups representing the cryptocurrency sector have formally asked a federal court to suspend the enforcement of a newly enacted Illinois tax. The petition, filed as a motion for a preliminary injunction, seeks to temporarily halt the tax while the broader…
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 lobbying organizations have formally asked a federal court to temporarily suspend the enforcement of a newly enacted Illinois tax on cryptocurrency transactions. The request, filed as a motion for a preliminary injunction, seeks to halt 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 for the cryptocurrency industry, two prominent lobbying organizations— the Crypto Council for Innovation (CCI) and the Blockchain Association— have formally petitioned a federal court to temporarily suspend the enforcement of Illinois’ newly enacted cryptocurrency tax. The move comes as part of a broader legal strategy to challenge the statute, which the groups argue …
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 cryptocurrency lobbying organizations have formally asked a federal court to suspend the enforcement of a newly enacted tax in Illinois. The Crypto Council for Innovation, a trade group that represents a broad spectrum of blockchain and crypto businesses, and …
Sept. 9, 2026, noon