First reported June 17, 2026 by U.Today · covered by 3 sources
Industry groups, including the Crypto Council for Innovation (CCI), have vehemently condemned the new Illinois legislation as the "most anti-crypto law in the U.S."
Crypto industry lobbyists and representatives are speaking out against the Digital Asset Tax Act passed into law in Illinois on Tuesday.
Critics say the measure effectively singles out digital assets for taxation based on technology rather than activity.