Wu Shuo has learned that Illinois Governor J.B. Pritzker has signed the Digital Asset Privilege Tax Act.

According to the bill, services such as digital asset trading, transfers, and custody will be taxed at a rate of 0.2% based on the transaction amount, with some provisions potentially covering user transfers of digital assets between their own accounts.
The crypto industry organization Crypto Council for Innovation (CCI) stated that the bill will increase the tax burden on digital asset users and businesses, and has publicly sent a letter opposing the bill.