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Illinois Signs 0.2% Crypto Transaction Tax Into Law

2026-06-19 22:33:38

Abstract generation in progress

Illinois Gov. J.B. Pritzker signed a $55.9 billion state budget that includes a first-of-its-kind 0.2% tax on crypto assets. Beginning January 2027, digital asset brokers operating in Illinois must collect a 0.2% fee on the value of customer transactions. State financial projections estimate the crypto privilege tax will generate roughly $60 million annually.

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