[Illinois Releases 0.2% Digital Asset Transaction Tax Draft Details, Stablecoins Included in Tax Scope] Odaily Planet Daily News – The Illinois Department of Revenue has released detailed provisions for the legislated 0.2% digital asset transaction tax draft, clarifying that stablecoins will be considered taxable digital assets, while non-fungible tokens (NFTs) are excluded from the tax scope. According to the draft, DeFi transactions are generally exempt; however, fees paid by users deemed as 'valuable consideration,' such as protocol fees for platform operation or maintenance, may trigger taxation. Network fees and exchange fees paid solely to liquidity providers will not trigger the tax. Cross-chain bridging conducted through digital asset brokers with payment of consideration will be regarded as taxable exchange activity. Transfers from centralized exchanges to self-custody wallets may also be taxed if the exchange charges a fee. The tax law was approved in June and is scheduled to take effect on January 1, 2027. The Illinois Department of Revenue is currently soliciting public comments on the draft, with a deadline of October 30. (Cointelegraph)