The U.S. House Ways and Means Committee’s crypto tax bill aimed just passed with a vote of 38-5. This providing the crypto industry with a new legislative milestone on the eve of the Senate’s failure to move the crucial CLARITY Act legislation. Committee Chair Rep. Jason Smith said the crypto tax bill markup vote was a milestone. He said, “This is a historic moment for this Committee: after more than a year of working together, Republican and Democrat Members have come together to establish the first-ever tax framework for digital assets.”