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A16z, Uniswap Warn Illinois Crypto Tax Rules Could Effectively Ban DeFi

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Uniswap, a16z and DeFi Education Fund seek exemptions from Illinois crypto tax rules

Venture capital firm Andreessen Horowitz, Uniswap Labs, and the DeFi Education Fund are urging Illinois regulators to revise proposed cryptocurrency tax regulations, seeking to exclude wallet withdrawals and bridging from taxation and remove private-key recordkeeping requirements. The groups warn the current rules could effectively ban DeFi operations in the state.

Oct 30, 2026·2 sourcesCrypto lobbyingDecentralized exchange (DEX)Cross-chain bridgesIllinois digital asset tax draft rulesCrypto taxationCross-chain & bridgesCrypto regulationDeFi regulationDeFi
Uniswap, a16z and DeFi Education Fund seek exemptions from Illinois crypto tax rules
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Uniswap, a16z and DEF Seek DeFi Exemptions From Illinois Crypto Tax Rules