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Illinois lawmakers approve crypto tax with felony penalties – TON BOT

Illinois lawmakers approve crypto tax with felony penalties

Illinois has passed a budget bill for fiscal year 2027 that includes a 0.2% tax on cryptocurrency transactions and new registration rules for digital asset brokers. Industry groups are opposing the measure, arguing that it would harm the local digital asset industry. Policymakers across the U.S. are examining new approaches to digital asset oversight and taxation.


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