Live briefing · CoinDesk
Illinois crypto tax is impossible to enforce as written, crypto industry tells court
What CoinDesk reports, why it matters and what remains unconfirmed.
PolicyBy Jesse Hamilton at CoinDesk
The story in one view
- Reported by
- CoinDesk
- Coverage lens
- Policy and regulation
- Published
- Evidence status
- Cross-source reports linked
What CoinDesk reports
The legal battle to head off the crypto transaction tax in Illinois has drawn up a hefty roster of industry opposition, and they're saying the tax won't work.
The immediate significance
The report identifies a policy development, but the available information does not provide enough matched evidence for a more specific impact judgment. That assessment remains open.
Decrypt has also published a related report, providing another attributed account to compare without treating repetition as proof.
What remains unknown
- No matched primary document independently supporting the central claim is linked to this page.
Developing Across Sources
How the story developed
CoinDesk and Decrypt are reporting related developments. Reports are shown in publication order; separate coverage is not independent confirmation.
CoinDeskCurrent briefing Illinois crypto tax is impossible to enforce as written, crypto industry tells court
The legal battle to head off the crypto transaction tax in Illinois has drawn up a hefty roster of industry opposition, and they're saying the tax won't work.
Decrypt Illinois Crypto Tax Draws Unlikely Alliance of DOJ, Banks and DeFi
The DOJ, the U.S. Chamber of Commerce, SIFMA and a crypto coalition led by a16z, Paradigm and Uniswap filed briefs backing a lawsuit to strike down the state’s 0.2% levy on digital asset transactions.
Related Articles And Podcast
Further reporting and analysis on this story.
Podcast12 min
Prediction Markets: Crypto’s Killer App or Gambling in Disguise? | Daily Crypto Deep Dive
Prediction markets are exploding into the mainstream, with billions of dollars being traded on elections, interest rates, cryptocurrency prices and major…
Read the notes and play the episode