Industry Groups Challenge Illinois Crypto Transaction Levy
Crypto Economy reports that technology, financial-sector and industry groups are legally opposing Illinois’s 0.2% digital-asset transaction tax.
Crypto Economy reports that technology, financial-sector and industry groups are legally opposing Illinois’s 0.2% digital-asset transaction tax. Uniswap (UNI) is trading at ₹568 ($6.04), down 0.7% since this brief published. This is an original Token Times brief based on reporting by Crypto Economy, with live market data added, as of Fri, 13 Nov 2026 01:15:01 UTC.
The levy could apply across trading, transfers and custody handled by brokers, while the legal opposition brings government, trade associations and crypto companies into the dispute. The unresolved challenge could affect how digital-asset transactions are taxed and structured in Illinois.
- Illinois law imposes a 0.2% levy on covered broker transactions.
- DOJ, Chamber, SIFMA and crypto groups filed opposition briefs.
- UNI trades at $6.08, down 10.59% over seven days.
- Uniswap TVL stands at $3.34 billion.
- Major Crypto Players Challenge Illinois' Proposed Tax Rules for DeFi
- DeFi Backers Join Illinois Challenge to 0.2% Digital Asset Tax
- Industry Groups Challenge Illinois Crypto Transaction Levy — this brief
Crypto Economy reports that the Illinois Digital Asset Tax Act applies a 0.2% levy to the total value of every trade, transfer or custody transaction carried out through a broker. The measure therefore reaches multiple transaction types rather than limiting itself to crypto-asset sales.
According to the same report, the U.S. Department of Justice, the Chamber of Commerce, the Securities Industry and Financial Markets Association, and a coalition led by Andreessen Horowitz and 
Uniswap filed court briefs in November 2026 opposing the rule. Crypto Economy characterizes the filings as an industry legal challenge, but the supplied coverage does not describe a court ruling or resolution.
Crypto Economy is the only outlet cited in the supplied material, so there is no cross-publisher corroboration or conflicting figure to report. Its account identifies both public institutions and crypto-industry participants among the opponents, while the brief does not provide separate legal arguments for each group.
The dispute comes as crypto markets face broad weakness. 
Bitcoin fell 3.51% over 24 hours, while the Fear & Greed index stood at 20, labelled Extreme Fear, and total crypto market capitalization was $2.45 trillion.
Uniswap is also lower: UNI was priced at $6.08, down 2.67% over 24 hours and 10.59% over seven days, with a $3.69 billion market capitalization. DeFiLlama data put Uniswap’s total value locked at $3.34 billion, a 5.5% decline over seven days. The filing matters because the coalition includes firms and groups linked directly to decentralized trading, even though the tax challenge’s outcome and the market’s response remain undetermined.
Since this brief published about 2 hours ago, Uniswap (UNI) has moved from ₹572.04$6.08 to ₹568.28$6.04 — -0.66%.
The chart plots UNI's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 UNI ≈ ₹601.4 (about $6.04), down 2.1% over 24 hours. The rupee itself trades about 5.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 13, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Industry Groups Challenge Illinois Crypto Transaction Levy — questions & answers
What does Illinois’s digital-asset tax cover?
The 0.2% levy applies to the total value of every trade, transfer or custody transaction executed through a broker.
Who is opposing the Illinois crypto tax?
Crypto Economy reports opposition briefs from the DOJ, the Chamber of Commerce, SIFMA, and a coalition led by a16z and Uniswap.
Has the legal challenge been decided?
The supplied coverage does not report a court ruling or an outcome; it only identifies briefs filed in opposition.
How much is 1 Uniswap worth in rupee today?
About ₹601.4 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $6.04. The rupee price moves with both UNI's US-dollar price and the USDT/INR rate; use our Uniswap in rupee page for any amount.
Has Uniswap's price moved since this brief was published?
UNI is down 0.66% since this brief first published — trading at ₹568 ($6.04) now versus ₹572 ($6.08) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Economy. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.