DeFi Coalition Challenges Illinois Digital Asset Tax
Start here
AI-assisted source synthesis · not an independent investigation.
A report dated November 13, 2026, stated that a coalition of DeFi participants, including Uniswap, a16z, and Paradigm, had filed an amicus brief supporting a challenge to Illinois’s 0.2% digital asset tax. The bill imposes a charge based on the value of digital asset exchanges, transfers, or storage conducted through brokers, even if customers have not sold the assets or made a profit; noncompliance could result in a Class 3 felony. The state government has postponed collection of the tax from the originally scheduled date of January 1, 2027, to July 1, 2027.
AI-written from reports · updated 2 hours ago
Timeline
Follow the reporting to see the different sides of the story.
- CryptopolitanSelectedUniswap, a16z and Paradigm support challenge to Illinois’s 0.2% DeFi tax
A coalition of DeFi participants including Uniswap, a16z and Paradigm has filed an amicus brief supporting a challenge to Illinois’s 0.2% digital asset tax. The bill imposes a value-based charge on digital asset exchanges, transfers or custody conducted through brokers, even when customers have not sold their assets or made a profit; noncompliance may constitute a Class 3 felony. The state government has postponed the tax’s effective date from January 1, 2027 to July 1, 2027.
Heat over time
Current heat 9·Peak over the comparable range 10 (Nov 13 06:00)·Change over the comparable range in the last 24 hours –
Trends compare only the same entities that were fully and continuously observed, so the range can be narrower than the current heat statistics. Move the pointer or tap the chart to read hourly heat; arrow keys work on a keyboard.