Mike Selig(@ChairmanSelig):Illinois lawmakers have placed the future of Chicago as a financial market hub at risk by instituting a “sin tax” on blockchain technology. The decelerationist law goes so far as to tax transfers of crypto assets that generate no economic gain. Subjecting Illinois residents to property ownership by permission rather than right. As blockchain technology continues to transform our markets, the choice to plunder crypto wallets rather than promote economic growth may go down in history as Chicago’s last trade. Read more in my piece in @WashTimesOpEd:

2026.07.02 13:10

Illinois lawmakers have placed the future of Chicago as a financial market hub at risk by instituting a “sin tax” on blockchain technology. The decelerationist law goes so far as to tax transfers of crypto assets that generate no economic gain. Subjecting Illinois residents to property ownership by permission rather than right. As blockchain technology continues to transform our markets, the choice to plunder crypto wallets rather than promote economic growth may go down in history as Chicago’s last trade. Read more in my piece in @WashTimesOpEd: