Illinois Enacts New Draconian 0.2% Digital Asset Privilege Tax
Illinois has become the first state to impose a broad transaction-style tax on cryptocurrency and other digital assets. Democrat Governor JB Pritzker signed the measure in early June 2026 as part of the state’s fiscal year 2027 budget. Key Details of the Digital Asset Tax Act (DATA) The tax is expected to generate around $60–65 […]
