Trade groups seek to block Illinois crypto tax before January effective date
Following on their earlier lawsuit, CCI and the Blockchain Association seek to block Illinois’ 0.2% crypto tax, arguing it is unconstitutional and would impose costly compliance burdens.
Archive context
Fresh in the current trading session. It maps to a high-priority topic hub.
Following on their earlier lawsuit, CCI and the Blockchain Association seek to block Illinois’ 0.2% crypto tax, arguing it is unconstitutional and would impose costly compliance burdens.
Why this matters
This maps to the Regulation hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CointelegraphRelated market context
Bitcoin traders bet borrowed money on a rally as oil surges ahead of Friday’s inflation test
Bitcoin is holding above $78,000 as Brent crude breached $100 and rising Treasury yields revived inflation fears. Data from Crypto...
Jack Dorsey’s Block seeks OCC approval to establish national trust bank for Bitcoin, stablecoin custody
Block's move to establish a national trust bank could significantly enhance regulatory clarity and trust in digital asset custody...
Block seeks federal charter for Bitcoin custody services through Builders Bank
Block's federal charter pursuit may boost institutional Bitcoin interest, potentially impacting long-term market perceptions and p...
Block Seeks OCC Charter for Uninsured Bitcoin and Stablecoin Custody Bank
Block has applied to establish Builders Bank & Trust, N.A., which, if approved, would be an uninsured national trust bank under di...
Coinmint CEO accused of misappropriating 448 BTC in lawsuit
An amended complaint filed by Mintvest Capital against Energy & Compute, LLC (formerly Coinmint) alleges that the firm’s chief exe...
Bitcoin (BTC) Price Prediction: Record BTC ETF Inflow Since January Puts $82K Breakout in Focus
The latest catalyst is a $643 million net inflow into U.S. spot Bitcoin ETFs on September 3, the largest single-day inflow since J...