Rep. Max Miller has introduced a new cryptocurrency tax bill aimed at updating the regulatory framework for digital assets. Announced in July 2025, the bill proposes de minimis exemptions for small stablecoin transactions and addresses capital gains tax implications for investors. It also includes provisions for mining and staking activities. The legislation is part of broader efforts by the Treasury and Senate to establish a clear regulatory environment for cryptocurrencies. It takes into account global standards, such as the EU's Markets in Crypto-Assets Regulation, to bolster U.S. leadership in the crypto sector.