Illinois plans to postpone the 0.2% crypto tax for 6 months until July 1, 2027

Illinois state government officials and representatives from the cryptocurrency industry have reached an agreement to postpone the implementation of the 0.2% cryptocurrency tax for six months until July 1, 2027, pending approval from a judge. The Digital Chamber and the Illinois Blockchain Association are participating in negotiations to continue legal disputes in court before the implementation of the tax. (Source: CoinDesk)