Illinois state officials have reached an agreement with the Digital Chamber and the Illinois Blockchain Association to delay the start of the state’s 0.2% crypto tax, according to CoinDesk. The tax had been scheduled to take effect on Jan. 1, 2027, but under the agreement, implementation would be pushed back by six months to July 1, 2027. The delay is not yet final and still requires approval from a state circuit court judge. If the court signs off on the extension, the parties will pause their request for an emergency injunction. The legal fight would still continue, with both sides set to keep litigating questions tied to the tax law’s compliance, enforceability, and whether it is unconstitutional. The agreement does not end the dispute, but it would postpone the effective date while the case moves forward in court.
Illinois state officials have reached an agreement with the Digital Chamber and the Illinois Blockchain Association to delay the state’s 0.2% crypto tax, according to CoinDesk.
The tax had been set to take effect on Jan. 1, 2027. Under the agreement, that date would be pushed back by six months to July 1, 2027, though the change still requires approval from a state circuit court judge.
If the delay is approved, the parties will pause their request for an emergency injunction and continue litigating whether the tax law is compliant, enforceable, and unconstitutional.
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