▼States Write Their Own Crypto Rules and Taxes

Score history

Daily conviction score, 0 to 100. Higher means the thesis is more strongly corroborated.

Now 33 · -2 since Aug 27 · ranged 31 to 33

Showing the last few days. Unlock full score history.

Why the conviction moved

• Aug 23
  Strengthened +6

  Crypto trade groups sued Illinois over a 0.2% digital-asset levy that is already in force, and the state's rules push collection onto individual users, assessed monthly against total holdings, if covered brokers do not collect it. A state tax that reaches through to end users when brokers decline makes the patchwork unavoidable for residents, not just for firms choosing a domicile.

• Aug 22
  Strengthened

  Illinois faces a second lawsuit over its 0.2% digital-asset tax as agencies and states write American crypto rules while the Senate stalls. A state-level levy already drawing repeat litigation shows the patchwork forming before any federal preemption exists.

Source trail

• Supporting · August 23, 2026

  Crypto Trade Groups Sue Illinois Over a 0.2% Digital-Asset Levy That Is Already in Force

  Crypto trade groups sued Illinois over a 0.2% digital-asset levy that is already in force, and the state's rules push collection onto individual users, assessed monthly against total holdings, if covered brokers do not collect it. A state tax that reaches through to end users when brokers decline makes the patchwork unavoidable for residents, not just for firms choosing a domicile.

  CryptoSlate

• Supporting · August 22, 2026

  American Crypto Rules Are Being Written by Agencies and States While the Senate Stalls

  Illinois faces a second lawsuit over its 0.2% digital-asset tax as agencies and states write American crypto rules while the Senate stalls. A state-level levy already drawing repeat litigation shows the patchwork forming before any federal preemption exists.

  CoinDesk (Mersinger)