Thursday, June 18, 2026

Fed Decision + Bitcoin HOLDING TAX Is New LAW. Sorry.

🎬 Fed Decision + Bitcoin HOLDING TAX Is New LAW. Sorry.
Illinois just became the first state to tax Bitcoin simply for being moved,
stored, or exchanged — no profit required. Meanwhile Congress quietly agreed

➤ Illinois has enacted a new law imposing a 0.2% tax on the gross value of digital assets exchanged, transferred, or stored, effective January 1, 2027, regardless of profit.
➤ The Federal Reserve maintained interest rates but showed internal division, with some members leaning towards rate hikes, creating market uncertainty.
➤ The discussion touches on Bitcoin's price movements and broader market sentiment, contrasting traditional assets with digital assets and highlighting concerns about government taxation and economic policies.

#Illinois #Bitcoin #Tax #Federal Reserve #Interest Rates #Digital Assets #AI

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