TREE NEWS update: The DeFi Education Fund and 17 other crypto groups and companies have asked an Illinois court for leave to file a brief arguing the state’s Digital Asset Tax Act is unlawful. The proposed filing challenges the 0.2% tax on digital asset transactions. The coalition seeks to weigh in as the case proceeds.
18 Crypto Firms Seek to Join Court Fight Over Illinois’ 0.2% Crypto Tax
The breadth of the coalition — a policy fund plus seventeen other groups and companies — signals that the industry treats state-level transaction taxes as a structural threat rather than a one-off compliance cost, and that it prefers coordinated legal intervention to individual lobbying. A 0.2% levy hits hardest at firms running high-turnover on-chain activity, so the outcome will matter well beyond Illinois if other states read it as a template. Whether the court grants leave, and whether the coalition's arguments shape the eventual ruling, is the open question worth tracking.
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