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Door Remote - 01 Oct 2026
In brief
Illinois agreed to push its 0.2% crypto transaction tax back six months, to July 1, 2027, in a joint motion filed in Sangamon County Circuit Court.
The delay stems from a lawsuit by The Digital Chamber and the Illinois Blockchain Association, which are still challenging the tax's constitutionality.
The court must still approve the motion. A separate challenge from the Blockchain Association and Crypto Council for Innovation is ongoing.
Illinois crypto users just got a six-month reprieve, if a judge signs off.
State officials have agreed to push back the start of Illinois' Digital Asset Tax from Jan. 1 to July 1, 2027, according to a joint motion filed Thursday in Sangamon County Circuit Court. The filing asks the court to preliminarily enjoin the tax, or temporarily block it, and stay its effective date until July.
Myriad: Who wins the midterm elections? Click to make your prediction.The motion stems from a lawsuit brought by the Chamber of Digital Commerce, known as The Digital Chamber, and the Illinois Blockchain Association against Illinois Department of Revenue Director David Harris and Attorney General Kwame Raoul.
Because the motion is agreed, or "stipulated," both sides are asking the judge for the same outcome, but the court must still approve it.
The Digital Chamber announced the deal on X and credited its attorneys at Bellementis PLLC. The delay doesn't settle the case, and the industry groups are still challenging whether the tax is constitutional and enforceable.
Illinois has agreed to delay implementation of its Digital Asset Tax from January 1 to July 1, 2027, following a lawsuit brought by The Digital Chamber and Illinois Blockchain Association. We thank @BellementisPLLC attorneys @teresagoody, @AndoniOlta, and Angela Papalaskaris for… pic.twitter.com/GrZ9ggBZHc
— The Digital Chamber (@DigitalChamber) October 1, 2026
Gov. JB Pritzker signed the Digital Asset Tax Act in June as part of the state's 2027 budget. The law imposes a 0.2% levy on crypto activity in the state, including purchases and transfers, to be collected by digital asset brokers such as major exchanges. The Crypto Council for Innovation called it the "most punitive digital asset tax" in the country. Lawmakers estimated it could raise as much as $60 million in 2027.
Critics have zeroed in on how broadly the levy applies. The Digital Chamber has argued the tax hits users whether or not they realize any gain.
BitcoinBTC · USD$84,565+0.34%24H7D1M1YYTDSep 24Sep 26Sep 28Sep 30Oct 1$85.3k$84.4k$83.5k$82.7k24h HighHigh$85,18324h LowLow$83,182VolVol$1.4BMarket projectionsOdds by MyriadThis weekAbove $84,000Above $84k62% chance→Buy Bitcoin with USDTPowered by Jupiter$50$100$500BuyPrice data by CoinGeckoCoinGeckoMore Bitcoin news and projections →The Blockchain Association and the Crypto Council for Innovation are pursuing their own challenge. On Sept. 9, they asked the same court to block the tax, arguing that firms were already spending millions of dollars to build compliance systems without meaningful guidance from the state.
Meanwhile, in Washington, the House Ways and Means Committee advanced the Digital Asset Tax Certainty Act last month. Among other changes, the bill would eliminate gain-or-loss calculations on qualifying network fees of $10 or less, starting in 2028.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.Your EmailGet it!Get it!
Illinois agreed to push its 0.2% crypto transaction tax back six months, to July 1, 2027, in a joint motion filed in Sangamon County Circuit Court.
The delay stems from a lawsuit by The Digital Chamber and the Illinois Blockchain Association, which are still challenging the tax's constitutionality.
The court must still approve the motion. A separate challenge from the Blockchain Association and Crypto Council for Innovation is ongoing.
Illinois crypto users just got a six-month reprieve, if a judge signs off.
State officials have agreed to push back the start of Illinois' Digital Asset Tax from Jan. 1 to July 1, 2027, according to a joint motion filed Thursday in Sangamon County Circuit Court. The filing asks the court to preliminarily enjoin the tax, or temporarily block it, and stay its effective date until July.
Myriad: Who wins the midterm elections? Click to make your prediction.The motion stems from a lawsuit brought by the Chamber of Digital Commerce, known as The Digital Chamber, and the Illinois Blockchain Association against Illinois Department of Revenue Director David Harris and Attorney General Kwame Raoul.
Because the motion is agreed, or "stipulated," both sides are asking the judge for the same outcome, but the court must still approve it.
The Digital Chamber announced the deal on X and credited its attorneys at Bellementis PLLC. The delay doesn't settle the case, and the industry groups are still challenging whether the tax is constitutional and enforceable.
Illinois has agreed to delay implementation of its Digital Asset Tax from January 1 to July 1, 2027, following a lawsuit brought by The Digital Chamber and Illinois Blockchain Association. We thank @BellementisPLLC attorneys @teresagoody, @AndoniOlta, and Angela Papalaskaris for… pic.twitter.com/GrZ9ggBZHc
— The Digital Chamber (@DigitalChamber) October 1, 2026
Gov. JB Pritzker signed the Digital Asset Tax Act in June as part of the state's 2027 budget. The law imposes a 0.2% levy on crypto activity in the state, including purchases and transfers, to be collected by digital asset brokers such as major exchanges. The Crypto Council for Innovation called it the "most punitive digital asset tax" in the country. Lawmakers estimated it could raise as much as $60 million in 2027.
Critics have zeroed in on how broadly the levy applies. The Digital Chamber has argued the tax hits users whether or not they realize any gain.
BitcoinBTC · USD$84,565+0.34%24H7D1M1YYTDSep 24Sep 26Sep 28Sep 30Oct 1$85.3k$84.4k$83.5k$82.7k24h HighHigh$85,18324h LowLow$83,182VolVol$1.4BMarket projectionsOdds by MyriadThis weekAbove $84,000Above $84k62% chance→Buy Bitcoin with USDTPowered by Jupiter$50$100$500BuyPrice data by CoinGeckoCoinGeckoMore Bitcoin news and projections →The Blockchain Association and the Crypto Council for Innovation are pursuing their own challenge. On Sept. 9, they asked the same court to block the tax, arguing that firms were already spending millions of dollars to build compliance systems without meaningful guidance from the state.
Meanwhile, in Washington, the House Ways and Means Committee advanced the Digital Asset Tax Certainty Act last month. Among other changes, the bill would eliminate gain-or-loss calculations on qualifying network fees of $10 or less, starting in 2028.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.Your EmailGet it!Get it!