Illinois Crypto Tax Draws Industry Fire After Pritzker Signs Budget Package

Illinois has opened a new front in state-level crypto regulation after Governor J.B. Pritzker signed a budget package containing the Digital Asset Tax Act, a measure industry groups are already attacking as one of the harshest crypto transaction taxes in the United States. TL;DR The law introduces a 0.2% privilege tax on digital asset broker… Continue reading Illinois Crypto Tax Draws Industry Fire After Pritzker Signs Budget Package

Hester Peirce Farewell Speech Highlights SEC Crypto Rulemaking Divide

TL;DR SEC Commissioner Hester Peirce delivered a farewell speech titled “Peirce Out.” She criticized the agency’s reliance on enforcement instead of clearer rulemaking. She said she would join Regent University School of Law in November 2026. Peirce Uses Farewell Speech To Criticize SEC Approach SEC Commissioner Hester Peirce used her farewell address, titled “Peirce Out,”… Continue reading Hester Peirce Farewell Speech Highlights SEC Crypto Rulemaking Divide