7Institutional TransitionRepeated· since 2026-06-17Jun 18, 2026
Illinois Becomes First US State to Tax Digital Asset Transactions at 0.2%
Illinois enacted a 0.2% tax on digital asset transactions, effective January 1, 2027, making it the first US state to impose such a levy. Industry groups and legal experts publicly criticized the measure following its enactment.
No new legislative development; multiple outlets continued reporting the same enacted Illinois 0.2% digital asset transaction tax effective January 1, 2027.
Story timeline · 3 days
- Jun 18, 20267· this storyIllinois Becomes First US State to Tax Digital Asset Transactions at 0.2%
No new legislative development; multiple outlets continued reporting the same enacted Illinois 0.2% digital asset transaction tax effective January 1, 2027.
- Jun 17, 20265Illinois Becomes First US State to Tax Digital Asset Transactions
Illinois digital asset transaction tax confirmed with 0.2% rate and effective date of January 1, 2027.
- Jun 15, 20264Illinois Becomes First US State to Impose Digital Asset Trading Tax
Sources · 4
- Illinois passes law to tax crypto transfers starting 2027cryptobriefing.com · T2
- FINANCE FEEDS: Illinois Imposes 0.2% Tax on Bitcoin and Crypto Transactions Starting in 2027financefeeds.com · T2
- Illinois becomes first US state to tax digital asset transactions with new 0.2% levycryptobriefing.com · T2
- Illinois’ new crypto tax puts users under a burden stocks do not facecryptoslate.com · T2