Morning Edition · Wednesday, July 22, 2026Published at 1:32 AM EDT · New York
Crypto Lobby Group Sues Illinois to Block a 0.2 Percent Digital-Asset Tax
The Digital Chamber is challenging a levy on every crypto transaction before it takes effect in 2027, testing how far states can reach into on-chain activity.

The Digital Chamber, a crypto-industry trade group, sued to block Illinois' Digital Asset Tax Act before it takes effect in 2027. Illinois enacted the measure last month, imposing a 0.2 percent tax on all crypto transactions conducted in th…
Continue the Crypto Intelligence Brief
Track on-chain flows, protocol shifts, stablecoins, and regulation.
- 5 crypto intelligence signals a day
- Tracked crypto trends, day over day
- Stablecoin and regulatory movement
- Source-grounded analysis with confidence labels
The Global Intelligence Brief stays free.
Part of a tracked trend
Regulatory Perimeter for Crypto Hardens in EU and US
Over 3-6 months, enforcement deadlines and rulemaking debates narrow who can operate, with MiCA culling unlicensed EU firms and US regulators weighing durable rules over fragile exemptions.
More from this edition
- Aztec Turns On Alpha V5, Putting a Live Private Smart-Contract Network on Ethereum
- Trump Accepts Conflict-of-Interest Limits to Unstick the Crypto CLARITY Act
- Galaxy Commits Up to $5 Million to Harden Bitcoin Against Quantum Computers
- Unauthorized-Mint Exploit Drains 42DAO of $915,000 and Collapses Balance Coin
- US Treasury Freezes Roughly $130 Million in Iran-Linked Crypto Wallets
- BIS Warns Dollar Stablecoins Are Slipping Past Emerging-Market Capital Controls
- Movement Labs Files for Chapter 11 After More Than a Year of MOVE Token Turmoil
- S&P Dow Jones Indices and Pantera Launch an 18-Token Institutional Crypto Index
- Bitcoin Data-Limit Proposal Draws Rejection Over Missing Node and Miner Support
- BitMine Draws 98 Percent of Revenue From Staking, Locked by a Decade-Long Contract
- Bitcoin Holds Near $66,300 as a Test at $68,000 Frames a Quiet Summer Market