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Critics say the measure effectively singles out digital assets for taxation based on technology rather than activity.
Read full articleIllinois has approved a new 0.2% tax on crypto transactions that state officials estimate could generate up to $60 million annually, prompting public criticism from Strategy co-founder Michael Saylor and several industry groups. In a June 17 X post, Saylor…
Critics say the Illinois transaction-level tax could deal severe consequences to the crypto industry and consumers in the state.
Illinois' new 0.2% digital asset tax takes effect January 2027, assessed on transaction value rather than gains, with self-custody treatment still unresolved.
If you’ve ever faced the challenge of extracting Exchange mailboxes data from an offline EDB file, you know how painful the process can be. PowerShell cmdlets fail, native tools have limitations, and the risk of data loss is always looming. That’s exactly where Stellar Converter for EDB steps in and after testing it hands-on, I […] The post Stellar Converter for EDB Review: The Best EDB to PST Conversion Tool appeared first on AiiotTalk - Artificial Intelligence | Robotics | Technology.
G7 leaders were joined by some of the world's top tech executives on June 17 to discuss opportunities and dangers of artificial intelligence. The future of the industry is highly contentious - with US businesses dominating the industries and many fearful that the powerful new technology poses substantial risks. For G7 leaders, AI poses many questions - such as how to ensure the technology respects human dignity and can be kept under control.
CME's leadership change may accelerate its integration of digital assets, impacting global derivatives markets and financial innovation. The post CME Group CEO Terrence Duffy to step down in early 2027 appeared first on Crypto Briefing.
The shift of Gulf dynasties towards blockchain and digital assets signals a transformative generational wealth transfer, reshaping regional finance. The post Gulf dynasty heirs move $6 trillion trade market onto blockchain rails appeared first on Crypto Briefing.
Illinois has signed a budget package containing a new digital asset broker transaction tax, drawing sharp criticism from crypto industry groups.
