18 crypto firms seek to join Illinois court fight over 0.2% digital asset tax

The DeFi Education Fund and 17 other crypto organizations and companies have asked an Illinois court for permission to file an amicus brief challenging the state's Digital Asset Tax Act. The law imposes a 0.2% tax on digital asset transactions. A trader would care because a court ruling against the tax could set a precedent limiting state-level taxation of crypto activity, while an upholding could encourage similar levies elsewhere.