The Defiant reports that several crypto groups are attempting to overturn a new Illinois tax that imposes a 0.2% levy on the value of assets held by customers. This tax requires brokers to collect the fee from their Illinois clients, rather than taxing capital gains. The groups argue that this approach could hinder the growth of the crypto market in the state.
Based on the The Defiant report; not independently verified.
Source published: Wed, 04 Nov 2026 21:39:13 GMT
[Read the original report](https://thedefiant.io/news/regulation/crypto-groups-seek-to-strike-down-illinois-0-2-tax)
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