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Illinois Enacts 0.2% Tax on Digital Asset Transfers, Drawing Industry Backlash

Illinois Enacts 0.2% Tax on Digital Asset Transfers, Drawing Industry Backlash

The new tax, signed by Pritzker, targets crypto holdings and transfers, fueling industry protests. It marks a significant regulatory crackdown in a key U.S. market. Watch for legal challenges and potential tax avoidance strategies.

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