Wire · regulatory
a16z and Crypto Firms File Brief Against Illinois' 0.2% Digital Asset Tax
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Fusion42 · 13 November 2026 · Fusion42 review
a16z and several crypto firms filed an amicus brief supporting the legal challenge against Illinois' Digital Asset Tax Act, which imposes a 0.2% tax on digital asset transactions and was postponed to take effect in July 2027. The brief argues the law is overly broad and unfairly taxes blockchain infrastructure businesses alongside taxable digital-asset businesses.
This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 2 sources have reported it between 11 Nov 2026 and 12 Nov 2026.
◆ ◆ The Wire takeaway
Illinois' digital asset tax is a threat to your blockchain infrastructure business as lawmakers blur lines between transactions and enabling software. Challenge this tax early to protect your market access.
◆ Coverage
2 sources · first reported 11 Nov 2026 · latest 12 Nov 2026
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