US Justice Department, business groups and DeFi firms challenge Illinois crypto tax
Industry groups argued in court filings that Illinois’ crypto tax, which applies even when a transaction yields no profit, could raise compliance costs and violate federal law.
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Industry groups argued in court filings that Illinois’ crypto tax, which applies even when a transaction yields no profit, could raise compliance costs and violate federal law.
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This maps to the DeFi hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
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