Illinois becomes first state to impose digital asset trading tax, drawing sharp criticism from industry and legal experts

Illinois becomes first state to impose digital asset trading tax, drawing sharp criticism from industry and legal experts A 0.2% privilege tax on crypto brokers, tucked into a $55.9 billion budget bill, could set a precedent that reshapes the US digital asset landscape. Share Add us on Google by Editorial Team Jun. 14, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Illinois just did something no other state has done: it created a…

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