The unexpected digital asset levy introduced by Illinois earlier in the year may now avoid taking effect on January 1, provided a judge approves an agreement between state officials and industry associations to postpone the rollout by six months.
Representatives from The Digital Chamber informed CoinDesk that they successfully negotiated this accord alongside the Illinois Blockchain Association, which could alleviate immediate anxiety while digital asset advocates persist in their efforts to overturn the policy. Back in June, the administration in Illinois greenlit a 0.2% tax targeting cryptocurrency transactions involving businesses exceeding $100,000 in gross receipts, encompassing all transaction operations as well as holding assets for custodial purposes.
The joint motion seeking this postponement is slated for filing on Thursday morning within the Sangamon County state circuit court. Once granted, both sides can bypass debates over preliminary injunctions and instead concentrate on the upcoming phase of the litigation, which centers on the contested legal questions regarding the enforceability and constitutionality of the state’s Digital Asset Tax Act.
Digital asset advocacy groups, which have Originally published at https://www.coindesk.com/policy/2026/09/30/illinois-agrees-to-six-month-delay-of-crypto-tax-as-industry-continues-court-battle.
