Illinois: Crypto Tax Signed Into Law

Illinois signed a new crypto tax into law, prompting former IRS digital assets chief Trish Turner to label it a tollbooth on the internet during comments for the CryptoAmerica newsletter. The measure targets small brokers and raises compliance costs, with Turner discussing the fallout on a recent Friday show. Lawmakers continue clarity talks ahead of a post-recess vote while Bitcoin and broader crypto markets watch state-level rules tighten.