Following the CLARITY Act, a core component of the US cryptocurrency regulatory system, Forbes reported that the crypto industry's next legislative issue is 'tax policy,' which is currently being pursued on a bipartisan basis in the House of Representatives. Previously, four members of the US House Ways and Means Committee had introduced a bipartisan cryptocurrency tax bill. One of them, Representative Max Miller, stated, "The United States is leading innovation in the cryptocurrency sector, but current tax laws have not kept pace with the rapid growth of digital assets and modern financial technology." He added, "I am leading discussions within Congress alongside Representative Steven Horsford, who co-sponsored the cryptocurrency tax bill, and it appears the bill could pass by the end of this year."