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Policy
Cryptocurrency lobbying groups petition court to halt Illinois tax amid ongoing lawsuit
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 culminated in a formal motion seeking a preliminary injunction, a court order that would temporarily suspend the enforcement of the tax while the underlying law…
Sept. 9, 2026, noon
Policy
Cryptocurrency Advocacy Groups Petition Court to Halt Illinois Tax While Lawsuit Persists
In recent developments, two prominent industry coalitions representing the burgeoning cryptocurrency sector have formally approached the judiciary, seeking an immediate suspension of a newly enacted tax measure in the state of Illinois. This request, presented as a motion for a preliminary injunction, aims to temporarily halt the enforcement of the tax while the broader legal dispute unfolds in t…
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 — the Crypto Council for Innovation and the Blockchain Association — have formally asked a federal court to suspend the enforcement of a newly enacted tax in the state of Illinois. Their request, known as a motion for a preliminary injunction, seeks to temporarily block the tax while the broader lega…
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 to challenge a newly enacted tax measure in the state of Illinois. Their latest maneuver involves filing a motion for a preliminary injunction, seeking an immediate court order that would temporarily suspend the enforcement of the tax while the…
Sept. 9, 2026, noon
Policy
Crypto 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 legal action against a newly enacted Illinois tax that targets digital‑asset transactions. Their combined effort has now culminated in a formal request to the state’s judiciary, asking for a preliminary injunction that would temporarily suspend the tax while the broad…
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 coalitions have formally asked a federal court to temporarily block the enforcement of Illinois’ new digital asset tax while their broader legal challenge proceeds. The petition, filed as a motion for a preliminary injunction, seeks to halt …
Sept. 9, 2026, noon
Policy
Crypto Advocacy Groups Petition Court to Halt Illinois Tax Amid Ongoing Litigation
In a significant development for the digital‑currency sector, two prominent industry coalitions have formally asked a federal court to pause the enforcement of Illinois’ newly enacted tax on cryptocurrency transactions. The Crypto Council for Innovation, together with the Blockchain Association, submitted a motion for a preliminary injunction that seeks to temporarily suspend the tax while the br…
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 trade associations representing the digital‑asset industry – the Crypto Council for Innovation (CCI) and the Blockchain Association – have taken coordinated legal action to challenge a newly enacted tax measure in the state of Illinois. The measure, which imposes a levy on certain cryptocurrency transactions, was passed by the Illinois General Assembly e…
Sept. 9, 2026, noon
Policy
Cryptocurrency lobbying groups petition court to halt Illinois tax amid ongoing lawsuit
In a significant development for the digital‑asset industry, two prominent lobbying organizations representing cryptocurrency interests have formally asked a federal court to temporarily block the enforcement of a newly enacted tax in the state of Illinois. This request comes as part of a broader legal strategy that began only a few weeks earlier, when the Crypto Council for Innovation (CCI) and …
Sept. 9, 2026, noon
Policy
Crypto lobbying groups request court to halt Illinois tax while lawsuit proceeds
In a recent development that underscores the growing tension between state regulators and the burgeoning digital‑asset industry, several prominent cryptocurrency lobbying organizations have petitioned an Illinois court to temporarily suspend the enforcement of a newly enacted state tax on digital assets. The request, filed as a motion for a preliminary injunction, seeks to put the tax on hold whi…
Sept. 9, 2026, noon