The Block(@TheBlockCo):THE BLOCK: The DeFi Education Fund, alongside Uniswap and a16z, is pushing back against Illinois' controversial crypto tax, urging regulators to keep decentralized crypto exchanges and interfaces out of the state's broker definition and protect self-custody. The law, which imposes a 0.2% tax on digital asset transactions, has faced legal challenges from crypto industry groups. Illinois has since agreed to delay implementation until July 2027.

The Block

@TheBlockCo

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The Block@TheBlockCo

2026.10.30 17:47

THE BLOCK: The DeFi Education Fund, alongside Uniswap and a16z, is pushing back against Illinois' controversial crypto tax, urging regulators to keep decentralized crypto exchanges and interfaces out of the state's broker definition and protect self-custody. The law, which imposes a 0.2% tax on digital asset transactions, has faced legal challenges from crypto industry groups. Illinois has since agreed to delay implementation until July 2027.