Illinois Agrees to Six-Month Crypto Tax Delay, Subject to Court Approval

Illinois has agreed to a six-month delay in implementing cryptocurrency taxes, pending court approval. The new tax would charge customers based on asset value rather than gains, with draft rules covering paid custody, transfers, and stablecoin settlement. For more details, see the official announcement.

Sources

• The Defiant — Illinois Agrees to Six-Month Crypto Tax Delay, Subject to Court Approval

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