POPA ReconYes, Illinois agreed to delay the 0.2% tax on crypto transactions for six months, until July 1, if the court approves the deal
Both sides of the dispute agreed to the delay, but it will take effect only after court approval. The reason is that the industry is challenging the tax as unconstitutional, and the parties want to focus on the court case. No action is required from you for now, the tax itself has not been repealed.
Facts
According to Jesse Hamilton, the parties agreed to move the tax to July 1, if the court approves the agreement.
The industry considers the tax invalid under state law, unconstitutional and contrary to the federal Internet Tax Freedom Act.
In a joint motion, the parties request a delay "in the interests of justice" while the dispute moves toward a decision on the merits. [coindesk.com, October 1, 2026]
CoinDesk reported that Illinois agrees to delay the 0.2% tax for six months, the talks were led by Digital Chamber and Illinois Blockchain Association. [@CoinDesk, October 1, 2026]
WatcherGuru retold the news: the tax on crypto transactions is delayed regardless of profit or loss. [@WatcherGuru, October 1, 2026]
Awaiting
Whether the court will approve the agreement to delay until July 1.
How the court dispute on the legality of the tax on the merits will end.
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