Illinois governor approves crypto transaction tax despite industry uproar
Illinois is going ahead with a 0.2% “privilege tax” on crypto transactions involving its residents under a new $55.9 billion state budget bill signed Tuesday....
Tag : Illinois
Illinois lawmakers approve crypto tax with felony penalties
According to a fiscal year 2027 budget bill passed by the Illinois General Assembly, the state is moving forward with a new tax on cryptocurrency...
Crypto tax in Illinois FY2027 budget is one step away from becoming law
Some digital asset industry advocates are pushing back against a provision in a $56 billion state budget passed by the Illinois General Assembly on Monday,...
New York, Illinois sign EO banning state employees from prediction markets
New York Governor Kathy Hochul has signed an executive order banning state employees from betting on prediction markets, following a similar move by Illinois earlier...
New York, Illinois Ban Government Employees From Insider Trading on Prediction Markets
In brief New York and Illinois banned government employees from using insider information to trade on prediction markets. The moves come as both states challenge...