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7/21/2026 10:45:00 PM

Digital Chamber: Sues Illinois Over Crypto Tax Act

Digital Chamber: Sues Illinois Over Crypto Tax Act

Digital Chamber sues Illinois to block 0.2% Digital Asset Tax Act effective 2027, citing unconstitutional treatment versus TradFi rails.

Source

Analysis

Digital Chamber filed the first lawsuit against Illinois’ Digital Asset Tax Act, seeking to halt the 0.2% levy on blockchain transactions before it starts January 1, 2027. The complaint claims the statute violates equal protection by taxing digital asset transfers differently from identical activity on traditional rails, marking the nation’s initial state-level crypto business tax. Illinois Digital Asset Tax Act constitutional challenge now heads to Sangamon County court as industry groups test state-level crypto transaction taxes history US precedents.


Eleanor Terrett

@EleanorTerrett

British-born Fox Business journalist and producer, JMU graduate breaking news with a global perspective.