Wire · operational-macro
Everyday crypto users face monthly tax bills on total asset value if covered brokers fail to ...
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Fusion42 · 23 August 2026 · Fusion42 review
Illinois passed a 0.2% tax on digital asset transactions based on the total asset value, starting January 1, 2027. The Blockchain Association and CCI sued to block the tax, but the law remains enforceable until a court decision is made.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
Crypto founders in the US must prepare for unexpected monthly tax bills if your platform or partners in Illinois fail to collect the new 0.2% asset tax. This threat opens a costly compliance risk and a potential window to build services that ensure tax handling for crypto customers.
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1 source · 23 Aug 2026
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