[Illinois Signs 0.2% Crypto Transaction Tax, Industry Calls It One of the Most Anti-Crypto Laws in the U.S.] Odaily Planet Daily News – Illinois Governor JB Pritzker signed the 'Digital Asset Tax Act' on Tuesday, imposing a 0.2% tax on the transaction value of digital asset trades or services provided to Illinois customers. The law will take effect on January 1, 2027. The tax primarily targets crypto service providers, including exchanges, custodians, and brokers, requiring them to collect and remit the tax on behalf of users, similar to a sales tax mechanism. Industry organizations such as the Crypto Council for Innovation, Digital Chamber, and Illinois Blockchain Association have strongly opposed the legislation, calling it potentially one of the most stringent digital asset tax regimes in the U.S. Critics argue that the tax will impose additional costs on Illinois residents simply for using digital assets and may drive crypto businesses, developers, and innovation activities out of the state.