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#Digital Asset Tax Act

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Illinois Agrees to Six-Month Delay in Crypto Tax as Industry Court Battle Continues
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Illinois Agrees to Six-Month Delay in Crypto Tax as Industry Court Battle Continues

Key Highlights: Illinois may delay its 0.2% crypto tax for six months, potentially pushing back its January 1 start date. The Digital Chamber and Illinois Blockchain Association negotiated the delay with Illinois officials. The agreement still requires approval from a Sangamon County circuit court judge. Illinois Crypto Tax Could Be Delayed by Six Months Illinois ...

CLARITY Act Update After Failure: SEC Chair Breaks Silence, Says ‘Stay Tuned’
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CLARITY Act Update After Failure: SEC Chair Breaks Silence, Says ‘Stay Tuned’

SEC Chairman Paul Atkins expressed gratitude to stakeholders across the administration, Congress, investors, and innovators who have advanced the CLARITY Act, while confirming the agency will proceed with regulatory action regardless of the legislation’s fate. “I have been unequivocal: with or without legislation, we will act decisively within the SEC’s statutory authority to deliver certainty ...