Faryar Shirzad 🛡️(@faryarshirzad):Just as Congress is about to pass a federal regulatory framework on digital assets, Illinois has taken two steps back and passed an absurd tax law that violates a law Congress already passed. Not only is this unconstitutional overreach – it’s simply bad policy. Illinois is systematically driving business out of state and isolating itself while punishing everyday consumers for wanting to participate in the digital economy. @BlockchainAssn and @crypto_council have filed suit to help protect these consumers from a law that accomplishes nothing but harm. There is no winner, but there are clear losers: Illinoisans themselves.

2026.08.21 23:00

Just as Congress is about to pass a federal regulatory framework on digital assets, Illinois has taken two steps back and passed an absurd tax law that violates a law Congress already passed. Not only is this unconstitutional overreach – it’s simply bad policy. Illinois is systematically driving business out of state and isolating itself while punishing everyday consumers for wanting to participate in the digital economy. @BlockchainAssn and @crypto_council have filed suit to help protect these consumers from a law that accomplishes nothing but harm. There is no winner, but there are clear losers: Illinoisans themselves.