Geopolitics Alpha

Illinois draft crypto tax rules detail DeFi, stablecoin treatment

Published . Updated .

Illinois’ draft rules spell out how its 0.2% digital asset transaction tax would apply to stablecoins, DeFi platforms, crypto bridges and self-custody transfers.

Directly affected

  • CRCW Crypto

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MSTR Strategy

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • BITW BITWISE 10 CRYPTO INDEX ETF SHS REPSTG UNIT BEN INT

    GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BLOX NICHOLAS CRYPTO INCOME ETF

    GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • EZPZ FRANKLIN CRYPTO INDEX ETF

    GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • FDIG FIDELITY CRYPTO INDUSTRY AND DIGITAL PAYMENTS ETF

    GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CRCW———————
IBIT———————
COIN———————
MSTR———————
MARA———————
RIOT———————
HOOD———————
BITW———————
BLOX———————
EZPZ———————
FDIG———————

Illinois’ draft rules spell out how its 0.2% digital asset transaction tax would apply to stablecoins, DeFi platforms, crypto bridges and self-custody transfers.

Source: Cointelegraph

Bitwise 10 Crypto Index ETF (BITW) since this story, compared with the market

Since the first closing price after “Illinois draft crypto tax rules detail DeFi, stablecoin treatment,” Bitwise 10 Crypto Index ETF (BITW) is -5.68%. The S&P 500 fund (SPY) is +0.33% over the same days, a -6.01% difference versus the market.

BITW
SPY

The Taiwan Strait count beside this story

Taiwan Strait has 48 linked stories in the last 7 days and 48 in the last 30 on the page that also carries “Illinois draft crypto tax rules detail DeFi, stablecoin treatment.” The recent pace is rising.

Who gains and who pays if Taiwan Strait stays in the story

Companies tied to this story

  • BITW Bitwise 10 Crypto Index ETF

    For “Illinois draft crypto tax rules detail DeFi, stablecoin treatment,” Bitwise 10 Crypto Index ETF (BITW) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BLOX Nicholas Crypto Income Etf

    In “Illinois draft crypto tax rules detail DeFi, stablecoin treatment,” Nicholas Crypto Income Etf (BLOX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • EZPZ Franklin Crypto Trust

    Franklin Crypto Trust (EZPZ) is linked, with no stored direction, medium confidence in the 30 Sep 2026 story “Illinois draft crypto tax rules detail DeFi, stablecoin treatment.” Reason on file: GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FDIG Fidelity Crypto Industry And Digital Payments Etf

    Fidelity Crypto Industry And Digital Payments Etf (FDIG) is linked, with no stored direction, medium confidence in the 30 Sep 2026 story “Illinois draft crypto tax rules detail DeFi, stablecoin treatment.” Reason on file: GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GDLC Grayscale CoinDesk Crypto 5 ETF

    For “Illinois draft crypto tax rules detail DeFi, stablecoin treatment,” Grayscale CoinDesk Crypto 5 ETF (GDLC) is linked, with no stored direction, medium confidence. Reason on file: GA selected GDLC as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

From Taiwan Strait to Bitwise 10 Crypto Index ETF (BITW)

Bitwise 10 Crypto Index ETF (BITW) is the company in “Illinois draft crypto tax rules detail DeFi, stablecoin treatment,” the 30 Sep 2026 Taiwan Strait story.

Bitwise 10 Crypto Index ETF (BITW) is on the page because GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Nicholas Crypto Income Etf (BLOX), is listed for a different reason: GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for Bitwise 10 Crypto Index ETF (BITW)

BITW traded between 51.43 and 56.92 across 20 sessions. The latest close on file is 52.47. BLOX traded between 11.35 and 15.12 across 20 sessions. The latest close on file is 11.52. EZPZ traded between 20.36 and 21.94 across 12 sessions. The latest close on file is 20.59.

How strong the case is around Bitwise 10 Crypto Index ETF (BITW)

40 out of 100

“Illinois draft crypto tax rules detail DeFi, stablecoin treatment” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.