In a move that could have significant implications for the crypto industry, US lawmakers have re-introduced a revised bill aimed at updating the country's tax policy on digital assets. The Digital Asset Protection, Accountability, Regulation, Innovation, Taxation and Yields (PARITY) Act, spearheaded by Congressmen Steven Horsford and Max Miller, seeks to provide clearer guidelines on how cryptocurrencies are taxed. This development comes as the industry continues to grapple with regulatory uncertainty, with market data showing a surge in interest from both individual and institutional investors. The bill's re-introduction is a clear indication that lawmakers are keen to address the growing need for regulatory clarity in the crypto space.