Illinois has enacted the Digital Asset Tax Act, imposing a 0.2% transaction tax on crypto starting January 1, 2027. This move highlights the potential for states to levy taxes on digital assets, even as federal legislation aims to create a unified rulebook for the industry.
President Trump urged Illinois Gov. JB Pritzker to request federal military intervention in Chicago following a weekend of violent crime. Trump claimed he could fix the city's safety issues quickly, while Pritzker criticized Trump's past actions and suggested he focus on providing needed help rather than "Truth Social-ing."
At least seven people were killed and dozens injured in Chicago shootings over the weekend. Donald Trump again called for military intervention, suggesting he could make the city safe in a month. Governor Pritzker has previously opposed federalizing the National Guard.
The US military knew for years that enemies could track troops via phone location data but failed to implement cheap fixes, now leading to soldiers being targeted in a war.
