Crypto Groups Seek Court Injunction to Pause Illinois Digital Asset Tax

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Two major crypto lobbying organizations, the Crypto Council for Innovation and the Blockchain Association, have filed a motion for a preliminary injunction to temporarily suspend an Illinois digital asset tax. The move comes weeks after the same groups filed a lawsuit seeking to block the law entirely. The injunction request aims to halt enforcement of the tax while the broader legal challenge works its way through the courts. The groups argue the law is problematic enough to warrant an immediate pause pending the outcome of litigation.

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