Illinois: Governor Signs 0.2% Crypto Tax Into Law
Illinois Governor Pritzker enacted a 0.2% tax on all crypto transactions including wallet transfers, drawing sharp criticism as the nation's harshest digital asset levy.
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Illinois Governor Pritzker signed a 0.2% tax on crypto transactions into law, applying even to transfers between personal wallets and prompting Crypto Council for Innovation to brand it the most punitive digital asset tax in the country while industry voices warned the legislature is effectively telling firms to pack their bags and relocate.
Eleanor Terrett
@EleanorTerrettBritish-born Fox Business journalist and producer, JMU graduate breaking news with a global perspective.
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