Illinois just set a dangerous precedent. First US state to slap a 0.2% privilege tax on crypto transactions starting Jan 1, 2027.

Brokers get hit with the bill but you know they're passing it straight to users. $100K threshold before it kicks in. Unregistered brokers face felony charges.

No stocks. No bonds. Just crypto.

Most punitive crypto tax in the country and other states are watching. If this sticks, expect copycats. $BTC $ETH holders in Illinois about to feel the squeeze.

This is how they slowly choke decentralization. Death by a thousand cuts.