Illinois Enacts Digital Asset Broker Tax, Draws Industry Criticism

Illinois Enacts Digital Asset Broker Tax, Draws Industry Criticism

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Illinois Governor Pritzker has signed a new budget package, which now includes a transaction tax for digital asset brokers. This legislative action has been met with sharp criticism and strong opposition from various cryptocurrency industry groups.

Illinois Implements New Digital Asset Broker Tax

The state of Illinois has officially approved and signed a budget package containing a new transaction tax specifically targeting digital asset brokers. This move by Governor Pritzker's administration has immediately drawn significant and sharp criticism from various groups within the crypto industry.