The Digital Chamber Sues Illinois to Halt Digital Asset Tax

Blockchain industry organization The Digital Chamber filed a lawsuit Tuesday (July 21) asking the court to halt the state of Illinois’ planned tax on digital asset business activity. The tax will harm The Digital Chamber’s members, who are already incurring costs as they try to comply with the new law before it takes effect in January 2027, the organization said in a Tuesday press release . The lawsuit argues that the tax burden that is set to be imposed under the Digital Asset Tax Act included