🚨NEW: @DigitalChamber has become the first trade association to sue over Illinois’ new Digital Asset Tax Act, filing a lawsuit seeking to block the nation’s first state tax targeting crypto business activity before it takes effect on January 1, 2027. The complaint argues the law, which slaps a 0.2% tax on certain digital asset business activity, unconstitutionally singles out blockchain-based transactions for different tax treatment than comparable transactions conducted through TradFi rails.(Eleanor Terrett)