By Isaac • July 23, 2026 9:11 pm •
Illinois put a first-of-its-kind tax on crypto activity last month.
Now the fight has moved from the statehouse to a courtroom.
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The Digital Chamber filed a 32-page lawsuit in Sangamon County on July 21, asking a state judge to stop the Digital Asset Tax Act before it takes effect on January 1, 2027.
The complaint does more than challenge the 0.2% rate. It lays out how the same asset could be taxed repeatedly as a customer buys it, holds it with a broker and moves it between accounts.
That is the issue Illinois will now have to defend.
The Digital Chamber said the lawsuit was filed on behalf of members already spending money to prepare for
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