⚖️ Crypto companies oppose Illinois digital asset tax law
On November 12, 2026, representatives of the crypto industry filed an amicus brief in court supporting a challenge to Illinois’s Digital Asset Tax Act. The participants include the DeFi Education Fund, Andreessen Horowitz, Paradigm, and Uniswap.
The signatories argue that the law’s provisions are overly broad and unfairly affect companies working with digital assets. This is the position of the participants in the legal proceedings, not a court ruling: the law has not yet been declared invalid in this action.
Source: The Block, November 12, 2026.
#CryptoRegulation #DeFi
On November 12, 2026, representatives of the crypto industry filed an amicus brief in court supporting a challenge to Illinois’s Digital Asset Tax Act. The participants include the DeFi Education Fund, Andreessen Horowitz, Paradigm, and Uniswap.
The signatories argue that the law’s provisions are overly broad and unfairly affect companies working with digital assets. This is the position of the participants in the legal proceedings, not a court ruling: the law has not yet been declared invalid in this action.
Source: The Block, November 12, 2026.
#CryptoRegulation #DeFi