Cryptonews

Unraveling the World of Crypto - One News at a Time

CFTC’s Mike Selig Says Illinois Crypto Tax Could Push Innovation Elsewhere

Blocknomi Published 03.07.2026 07:19

TLDR: Illinois approved a 0.2% tax on certain crypto asset transfers regardless of realized gains. CFTC chair Mike Selig argued that equivalent non-crypto transactions would avoid similar tax treatment. The…

Read full article →

Related articles

  • Bitcoin price may hit $24K if US stock market crashes by 50%, analyst warns
    Cointelegraph Published 21.06.2026 14:21
  • Japan’s 20% Crypto Tax Push: Could Lower Taxes Bring Retail Bitcoin Demand Back to Asia?
    Crypto Daily Published 20.06.2026 10:01
  • Three Things Crypto Investors Should Watch This Week
    CryptoPotato Published 29.06.2026 05:46
  • SharpLink (SBET) Stock Climbs on Ethlabs Ethereum Research Initiative
    Blocknomi Published 22.06.2026 19:40
  • Wall Street Analysts Picks Nvidia Over Micron: Here’s Why
    BeInCrypto Published 19.06.2026 10:38
  • Crypto Industry Urges Congress to Pass Tax Bill—But Will It Happen This Year?
    Decrypt Published 22.06.2026 18:53
  • Not Buying More Bitcoin: Here Is How Michael Saylor Can Actually Save Strategy
    U.Today Published 24.06.2026 09:09
  • Request Network Introduces One-Click Cross-Chain Mass Payouts and Expands Wallet Screening With Merkle Science
    Brave New Coin Published 25.06.2026 07:04

Market Prices

Bitcoin

Bitcoin

$63,111.35

BTC 0.01%

Ethereum

Ethereum

$1,678.64

ETH 1.11%

XRP

XRP

$1.17

XRP 2.73%

Solana

Solana

$66.79

SOL 1.85%

Cardano

Cardano

$0.17

ADA 4.12%

Stellar

Stellar

$0.20

XLM -0.73%

RSS Latest Crypto News

  • How Warren Buffett Would Invest $10,000 if He Were Starting Fresh
  • Bitcoin and Ether Options Expire: Diverging Sentiment Seen in $1.9B Settlement
  • Ondo Finance Brings BlackRock ETF and Micron (MU) Stock to Blockchain Under SEC Rules
  • Bitget Expands Beyond Crypto: US Stock Options Now Available on Stock+ Platform
  • eToro Pours $12.5M Into Extended as DeFi Derivatives Race Heats Up
  • Irish authorities seize another 500 Bitcoin, bringing 2026 total to 1,500 BTC
  • Securitize (SECZ) Makes NYSE Debut While Tokenizing Shares on Solana and Avalanche
  • Dogecoin (DOGE) Price Analysis: July’s Historical Performance Reveals Challenging Pattern
  • Irish Authorities Retrieve Additional 500 Bitcoin From Drug Trafficker’s Missing Crypto Fortune
  • Cardano (ADA) Surges 15% as Whales Accumulate 150M Tokens and Payment Plugin Reaches 7M Merchants
  • Avalanche (AVAX) Price Prediction: AVAX Climbs Near $6.84 as Bulls Face $6.90 Resistance and $7 Breakout Test
  • Santiment: XRP Returns Sink to Lowest Levels Since December 2020 as Relief Rally Odds Climb
  • HBAR Price Analysis Eyes Breakout as Bulls Challenge Key Resistance
  • Ethereum price targets $1,800 after rare TD buy signal
  • Binance Eyes $2B Investment in Mesh as Crypto Payments Sector Heats Up
  • Historically Low XRP Returns Point to Turnaround
  • XRP’s Five-Year Outlook: Analysts Project $7.90 Target by 2031
  • Solana (SOL) Whales See ‘Massive Opportunity’ as Token Rallies Past $80 — Can It Hit $100?
  • Stripe’s Bridge secures MiCA and EMI licenses to expand across EU
  • TRON Sets Transaction and Active Address Records Driven by Stablecoin Settlements