Illinois Crypto Tax Faces Pushback

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The post Illinois Crypto Tax Faces Pushback appeared first on Coinpedia Fintech News

A coalition called the Crypto Council for Innovation (CCI) has urged Illinois Governor J.B. Pritzker to veto Article 3 of SB 3019, known as the Digital Asset Privilege Tax Act. The group argues the proposal would impose a 0.2% tax on certain digital asset transactions, including exchanges, transfers, and custody activities, making Illinois the only …