‘One of the most anti-crypto laws in the US’: Illinois Gov. Pritzker signs 0.2% crypto tax
The Block·
60-second summary
Illinois Governor Pritzker signs the Digital Asset Tax Act, imposing a 0.2% tax on digital assets, sparking widespread criticism from the crypto industry. Lobbyists and representatives are speaking out against the law, calling it one of the most anti-crypto in the US. The tax is set to impact crypto traders and investors, potentially deterring growth in the state.
Crypto industry lobbyists and representatives are speaking out against the Digital Asset Tax Act passed into law in Illinois on Tuesday.