4Institutional TransitionNewJun 15, 2026
Illinois Becomes First US State to Impose Digital Asset Trading Tax
Illinois enacted a digital asset trading tax, becoming the first US state to impose such a levy on cryptocurrency transactions. Industry groups and legal experts publicly criticized the measure.
Story timeline · 3 days
- Jun 18, 20267Illinois 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, 20264· this storyIllinois Becomes First US State to Impose Digital Asset Trading Tax