Illinois Crypto Tax Draws Industry Fire After Pritzker Signs Budget Package

Illinois has opened a new front in state-level crypto regulation after Governor J.B. Pritzker signed a budget package containing the Digital Asset Tax Act, a measure industry groups are already attacking as one of the harshest crypto transaction taxes in the United States.TL;DRThe law introduces a 0.2% privilege tax on digital asset broker transactions.The effective date cited in the source packet is January 1, 2027.“Most punitive” should be attributed as industry criticism, not stat