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Crypto trade groups seek injunction against Illinois 0.2% crypto tax

Crypto Council for Innovation (CCI) and Blockchain Association (BA) filed for a preliminary injunction to block Illinois from enforcing a 0.2% tax on cryptocurrency transactions before it takes effect in January 2027.

2% tax on cryptocurrency transactions before it takes effect in January 2027. The groups said Wednesday they have filed a motion for a preliminary injunction in the Cir…