The Resolution
A bipartisan resolution titled the "Digital Asset PARITY Act" has been introduced in the US House of Representatives. This move, made on 20 December 2025, comes from Republican Representative Max Miller of Ohio and Democratic Representative Steven Horsford of Nevada, signalling rare cross-party cooperation on cryptocurrency policy.
Action for Reaction
The resolution proposes several favourable measures, including a capital gains tax exemption for stablecoin transactions under $200, and a five-year tax deferral on staking and mining rewards. While many in the crypto industry had pushed for a complete tax exemption, the current proposal stops short.
My Point
That resolution is not a full bill and is expected to undergo further revisions. Its focus on resolving several issues even at a constructive start, so, according to me, it deserves cautious support from the crypto community. However, that’s my view for now—though experts will no doubt bring additional insights.
