⚠️ Illinois Is Adding A 0.2% Crypto Tax - Even Losing Trades Could Be Hit Could every $BTC crypto move soon come with an extra cost? 👀 Illinois’ new Digital Asset Tax Act is set to impose a 0.2% tax on the gross value of certain digital asset activity starting January 1, 2027. Unlike capital gains taxes, the charge is tied to transaction value, meaning the result of the trade itself does not determine whether the tax applies. The rules cover a broad range of broker-provided activity, including transfers and custody-related services, while crypto providers operating in the state will face registration requirements. Illinois released draft rules on September 28 and is taking public comments through October 30. That creates a very different setup from simply paying tax when an asset appreciates. For active traders making frequent moves in assets like $BTC , even a small transaction-level charge could add up quickly as volume grows. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#