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The Digital Chamber sues Illinois over upcoming cryptocurrency transaction tax

2026-07-22 00:11

Odaily Planet Daily News The crypto industry trade group The Digital Chamber (TDC) has filed a lawsuit in an Illinois state court opposing the state's upcoming 0.2% tax on digital asset transactions. The tax policy has been signed by Illinois Governor JB Pritzker and is scheduled to take effect in January 2027. TDC is asking the court to declare the law "invalid and unenforceable," arguing that it violates the U.S. Constitution, and is seeking related relief from the court. (The Block)