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Crypto industry sues Illinois over a new digital-asset tax

United States
First seen: Aug 23, 2026, 2:31 AM UTCUpdated: Aug 23, 2026, 2:31 AM UTC

Cryptocurrency companies are challenging Illinois legislation imposing a 0.2% digital-asset tax. The headline does not indicate broader market disruption.

The lawsuit could affect the state's cryptocurrency regulation and tax treatment of digital assets.

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