Illinois Governor Signs Nation's Strictest Digital Asset Tax Law

According to ChainCatcher citing the Crypto Council for Innovation, Illinois Governor Pritzker has signed a digital asset tax law that the council considers the harshest in the United States. The law will impose disproportionate tax burdens on Illinois residents using digital assets. The Crypto Council for Innovation has expressed strong opposition, warning that the measure will drive innovators and developers out of the state.
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