{"id":664466,"date":"2026-09-30T04:53:40","date_gmt":"2026-09-30T04:53:40","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/09\/30\/illinois-draft-crypto-tax-rules-detail-defi-stablecoin-treatment\/"},"modified":"2026-09-30T04:53:40","modified_gmt":"2026-09-30T04:53:40","slug":"illinois-draft-crypto-tax-rules-detail-defi-stablecoin-treatment","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/09\/30\/illinois-draft-crypto-tax-rules-detail-defi-stablecoin-treatment\/","title":{"rendered":"Illinois draft crypto tax rules detail DeFi, stablecoin treatment"},"content":{"rendered":"

\"Illinois<\/p>\n

Illinois\u2019 draft rules spell out how its 0.2% digital asset transaction tax would apply to stablecoins, DeFi platforms, crypto bridges and self-custody transfers.<\/p>\n

Illinois tax officials have published draft rules detailing how the state\u2019s already-enacted 0.2% digital asset transaction tax would apply to stablecoins, decentralized finance (DeFi) platforms and other crypto activity.<\/p>\n

The new draft rules provide implementation details for the law, including which transactions and digital assets would fall within its scope. Under the proposal<\/a>, stablecoins would be treated as digital assets subject to tax, while nonfungible tokens would be excluded.\u00a0<\/p>\n

DeFi transactions would generally be exempt unless users pay fees considered \u201cvaluable consideration,\u201d such as protocol fees collected for operating or maintaining a platform. Network fees and swap fees paid solely to liquidity providers would not trigger the tax.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Illinois\u2019 draft rules spell out how its 0.2% digital asset transaction tax would apply to stablecoins, DeFi platforms, crypto bridges and self-custody transfers. Illinois tax officials have published draft rules detailing how the state\u2019s already-enacted 0.2% digital asset transaction tax would apply to stablecoins, decentralized finance (DeFi) platforms and other crypto activity. The new draft […]<\/p>\n","protected":false},"author":1,"featured_media":664467,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-664466","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/664466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=664466"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/664466\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/664467"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=664466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=664466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=664466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}