Business
Source: CoinDesk
Illinois Introduces New Tax on Digital Assets
Illinois has included a new tax targeting the holding or transferring of digital assets within its latest state budget. This legislative development has reportedly drawn strong criticism and negative reactions from the cryptocurrency industry, according to CoinDesk.
By Fainaron·Jun 17, 2026 (an hour ago)·1 views
A new tax has been implemented in Illinois, specifically targeting the holding or transferring of digital assets. This measure is reportedly part of the state's recently approved budget.
The introduction of this tax has sparked considerable negative feedback from the cryptocurrency industry. Industry participants have expressed their concerns regarding the new financial obligation.
According to CoinDesk, the crypto industry has reacted with strong opposition to this new tax.
Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by CoinDesk. Read the original at CoinDesk →
