Crypto lobby group TDC sues Illinois to block digital asset tax
2026-07-21 22:09:56
Crypto lobbying group TDC, or The Digital Chamber, has sued Illinois to block a 0.2% tax on digital asset transactions set to take effect in January. According to CoinDesk, the lawsuit says the Digital Asset Tax Act violates the U.S. and Illinois constitutions and is preempted by federal law, and asks a federal judge to stop Illinois from enforcing it.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
