# Illinois details how a 0.2 percent transaction tax would reach stablecoins, bridges and wallet transfers

Comments close on 30 October for rules taking effect in January 2027, while a Republican senator blames Democrats for the collapse of the federal market-structure bill.

- Published: 2026-09-30T06:00:33.939Z
- Canonical: https://polylog.news/crypto/2026-09-30/illinois-details-how-a-0-2-percent-transaction-tax-would-rea
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [crypto.news](https://crypto.news/illinois-explains-which-crypto-moves-face-0-2-tax/), [Cointelegraph](https://cointelegraph.com/news/illinois-crypto-tax-rules-defi-stablecoins), [CoinDesk (opinion)](https://www.coindesk.com/opinion/2026/09/29/democrats-killed-the-clarity-act)

The Illinois Department of Revenue published draft rules explaining how the state's 0.2 percent digital-asset transaction tax will apply from 1 January 2027, and is taking comments until 30 October. Stablecoins count as digital assets and a…

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