According to CoinMeta, tax officials in Illinois have released a draft set of regulations that specify a 0.2% transaction tax on digital assets to apply to stablecoins, DEFI platforms, cross-chain bridges, and transfers between self-hosted wallets. The draft stipulates that stablecoins are considered taxable digital assets. NFT transactions are exempt unless the user pays a fee deemed to be valuable consideration; however, centralized platform transfers from self-hosted wallets via cross-chain bridges facilitated by brokers may also be taxable. This tax law was passed in June and is scheduled to take effect on January 1, 2027. Comments are being accepted until October 30.