Bipartisan Crypto Tax Legislation Introduced by U.S. Representatives

U.S. Representatives Steven Horsford, Max Miller, Suzan DelBene, and Mike Carey have introduced a bipartisan piece of legislation known as the PARITY Act, aimed at addressing cryptocurrency taxation. According to NS3.AI, Horsford and Miller expressed optimism about the ongoing negotiations, indicating that the legislation could be passed by the end of this year.