Crypto Group Challenges Illinois Tax | Bitcoin and Crypto News

Illinois just slapped a new 0.2% crypto tax on transactions over $100K, sparking an immediate legal firestorm. The Digital Chamber, a crypto lobbying group, is suing, claiming the tax violates both state and federal law — including the Constitution and the Internet Tax Freedom Act. They argue it unfairly singles out digital asset recording tech, not actual profits, and demands a federal judge block enforcement. This high-stakes battle could reshape how states tax crypto nationwide. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7d81ffbebb067a4a