Short News View Non-AMP

Illinois Drafts Rules To Tax Crypto Transactions Starting 2027

Published by
Anjali Belgaumkar

The State of Illinois released draft rules that would tax crypto transactions regardless of profit or loss starting in 2027. The Digital Chamber, Blockchain Association, and other crypto industry groups are suing over the proposal, calling it draconian for singling out crypto and taxing every transaction. Commentary tied to the report said political backing from Senator Elizabeth Warren behind the governor’s stance, though this claim is unverified.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Aster (ASTER) Price Prediction 2026, 2027 – 2030: Will ASTER Price Reach New Highs In the Coming Years?

Story Highlights The ASTER price today is Price predictions for 2026 range from $0.3977 to…

September 30, 2026

Evernorth XRP Treasury Deal: What the Nasdaq Listing Could Mean for XRP Holdings

Shareholders of Armada Acquisition Corp II are voting on a proposed merger with Evernorth, a…

September 30, 2026

XRP Price Prediction Q4 2026: Can XRP Reach $2.20?

XRP price is heading into Q4 2026 with institutional demand strengthening beneath a major technical…

September 30, 2026

Bittensor (TAO) Price Prediction 2026, 2027 – 2030: Is TAO the Next AI Crypto to Explode?

Story Highlights The live price of the TAO crypto is . Bittensor Price could show…

September 30, 2026

Sei (SEI) Price Prediction 2026, 2027-2030: Will the Sei Giga Upgrade Trigger a Bullish Breakout?

Story Highlights The SEI live Price is . Sei (SEI) remains in a bearish trend…

September 30, 2026

Solana (SOL) Price Prediction 2026, 2027-2030: Technical Outlook and Long-Term Forecast

Story Highlights Solana Price Today is . SOL stabilized bullish momentum may assist in reclaiming…

September 30, 2026