Every one should find 3 hobbies:
-One that works towards making you rich
-One that works towards making/keeping you fit
-One that works towards making you smart
The Illinois 0.2% crypto tax is bad but it’s not as bad as many on here are claiming.
It is a tax on activity that you engage in on exchanges & intermediaries like Coinbase.
It is NOT a tax on activity outside of exchanges such as self custody, transactions to another wallet.
This is one of the most anti-crypto laws in the U.S.
It taxes the exchange, transfer, or storage of digital assets—you buy BTC, you pay a tax; you hold your BTC on Coinbase, you pay a tax; and so on.
There is effectively no comparable state financial transaction tax on stocks, bonds, or derivatives anywhere in the country. That means crypto is being singled out in violation of several federal laws.
Further, the approach makes little sense—you aren’t taxed if you exchange a stock, bond, or derivative in paper form, but you are taxed if they happen to be recorded on a blockchain? That’s like taxing email.
So, rather than embracing innovation and the cost efficiencies blockchains can deliver for ordinary people in Illinois, the state is poised to punish its entrepreneurs and citizens that want to use crypto.
This is a shame—it was only just recently that Illinois embraced a constructive approach to blockchain technology through the adoption of the effectively-scoped Digital Assets and Consumer Protection Act. This new tax is a complete 180.
When states adopt discriminatory, asset-specific taxes that drive builders and users elsewhere, we all lose.
Thank you to everyone staking with us and supporting $RIO and the @realio_network 💎🙌
Times are tough across the board, and running a validator takes real commitment.
The "Realio Pro Max USA 🗽" validator is 100% committed.
Here's why 👇
Our belief is simple: everything with economic value will eventually be tokenized. With its strong tokenomics and complete ecosystem, if $RIO captures just a fraction of that, it will be absolutely massive.
65.5M of the 86.9M $RIO supply is staked.
Over 75% of all tokens are locked into the network.
That's not short-term money. That's long-term conviction.
And Realio is doing it the right way. No hype, just real work on development and compliance. Once the framework is clear, the gates open and the tokenization flood begins. (This is sooner than ever)
Running a validator isn't just about returns. It's a seat at the table: participating, voting, helping shape how the network evolves. We're here for that.
Good things take time. The value is real. The pain point is real. And doing it 100% compliant is the only real way to solve it.
Building for the long term. 💎🙌
Who else is staking through the bear? 👇
https://t.co/BqwVgUQbU0
Another exciting month for Freehold development:
• Android launched
• RWA Tokenization Studio launched
• Partnership announcement with Cevidica
Thank you for being part of the journey!
Freehold is proud to partner with Cevidica, adding SEC-licensed investment banking advisory to the ecosystem.
Check out the press release: https://t.co/I159Z5LVf4
Freehold RWA Tokenization Studio is live!
Create, manage, and scale real-world assets in one system.
We built the full execution layer.
• Asset structuring
• Token issuance
• Cap table management
• Integrated compliance rails
If you’re serious about RWAs, this is where you start: https://t.co/VHCsbQ0p7c