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Bitcoin & Crypto DEVELOPING

Illinois agrees to six-month delay of crypto tax as industry continues court battle

A detailed image showcasing a stack of Bitcoin cryptocurrency coins on a black background.
Illustrative photo.Photo by DS stories on Pexels

What happened

Both sides agreed the 0.2% tax should be put off until July 1, if the court approves the deal, which will let the state and industry focus on the legal dispute.

Sources & evidence