PANews
PANews|Oct 14, 2026 10:28
[Blockchain Association and Multiple Organizations Jointly File Motion Requesting Court to Expedite Illinois 'Digital Asset Tax Law' Lawsuit] The Blockchain Association, Crypto Council for Innovation, Illinois government, Chamber of Digital Commerce, and Illinois Blockchain Association have jointly filed a motion with the Sangamon County Circuit Court, requesting the court to expedite the proceedings of two lawsuits against the state's 'Digital Asset Tax Law.' The state government has agreed to issue an injunction to delay the implementation and enforcement of the 'Digital Asset Tax Law' until July 1, 2027. To facilitate a prompt ruling on the legality of the tax law, the parties have proposed a timeline to accelerate the summary judgment process: the first round of motions is scheduled to be submitted by November 4, 2026, and all related filings are to be completed by January 22, 2027.
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