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Digital Chamber Sues Illinois Over Crypto Tax

{"summary": "The Digital Chamber filed lawsuits to block Illinois’ Digital Asset Tax Act, the first state-level tax on digital-asset business activity set to take effect in January 2027, arguing the 0.2% levy unfairly singles out blockchain transactions and violates constitutional provisions. This legal push underscores ongoing regulatory scrutiny of crypto taxation and could influence market perceptions and future state policy across the industry.", "summary_sources": ["https://en.bloomingbit.io/feed/news/116734", "https://cryptobriefing.com/digital-chamber-sues-to-block-illinois-digital-asset-tax-before-2027-launch/", "https://www.coindesk.com/policy/2026/07/21/crypto-lobby-group-tdc-sues-illinois-to-block-digital-asset-tax", "https://cryptopanic.com/news/33076022/Crypto-lobby-group-Digital-Chamber-sues-Illinois-to-block-digital-asset-tax", "https://www.theblock.co/post/409160/the-digital-chamber-sues-illinois-over-incoming-crypto-transaction-tax"]}

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Arcus Debuts Tokenized Stocks on Robinhood Chain

Arcus, the Robinhood-backed DEX, expanded to tokenized stocks and perpetual futures on Robinhood Chain, offering more than 95 stock tokens and various perpetual markets with a self-custodial account and USDG as the main collateral. Early activity signals strong liquidity potential and growing perpetual interest, but long-term success hinges on converting spot flow into durable perpetual books and navigating regulatory restrictions in certain jurisdictions.

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