U.S. Crypto Groups Ask Court to Halt Illinois’ 0.2% Transaction Tax
Major U.S. crypto industry groups have asked an Illinois court to halt enforcement of the state’s 0.2% digital-asset transaction tax before it takes effect in January 2027.
Major U.S. crypto industry groups have asked an Illinois court to halt enforcement of the state’s 0.2% digital-asset transaction tax before it takes effect in January 2027.
Robinhood CEO Vlad Tenev said publicly listed companies cannot control every financial product referencing their shares and that their consent should not automatically be required for Robinhood’s stock tokens.
Jiang Zhuo’er expects Bitcoin could rise to $83,000–$84,000 before correcting toward around $72,000. He said a confirmed pre-correction high of $82,300 could result in a prolonged, range-bound market.
An analysis projects that exempting personal cryptocurrency payments of $300 or less from capital gains tax could increase U.S. net federal tax revenue by approximately $859 million over 10 years. The estimate assumes the current base of about 5.4 million digital-asset payment users remains unchanged.
Hunter Biden has outlined the rationale and token allocation plan for the LAPTOP meme coin, including a 20% community airdrop. The token is scheduled to launch on Base on September 9.
Chainalysis said France’s cryptocurrency tax noncompliance rate could exceed 90%, citing a wide gap between potentially taxable activity and reported amounts. It estimated France’s potentially taxable crypto activity at $9.4 billion in 2025.
Privacy coins have significantly outperformed other major cryptocurrency sectors during the recent market rebound, rising 213% from their October 2025 peak. They also gained 90% over the past 30 days, the strongest performance among all sectors.
The LAPTOP meme coin project has warned users about fake tokens and malicious links. The warning follows the appearance of multiple tokens using the same name after the project’s official launch announcement.
Major Brazilian banks are expanding crypto products for retail customers, with Itaú offering 15 cryptocurrencies and Nubank supporting 28 assets. Experts recommend limiting crypto exposure to 1%–3% of a portfolio, while banks’ March 2026 filings showed no proprietary virtual-asset holdings.