Illinois releases 0.2% draft implementation rules for the digital asset transaction tax, proposing to include stablecoins in the tax
The Illinois Department of Revenue published a draft of implementation rules for the digital asset transaction tax, proposing to include stablecoins and certain DeFi, cross-chain transactions, and exchange transfer fees within the scope of taxation. The tax is scheduled to January 1, 2027 take effect, with comments accepted until October 30。