Rep. Steven Horsford pitches PARITY Act as 'durable floor' for crypto tax at Consensus Miami

The Nevada Democrat told Professor Yesha Yadav that incremental, bipartisan reform is the path forward as Senate negotiations on the CLARITY Act stall.\nWhat to know : Rep. Steven Horsford, co-author of the bipartisan PARITY Act, told the audience at CoinDesk's Consensus Miami conference Tuesday that crypto tax policy needs to advance through narrow, durable reform rather than a single comprehensive overhaul. He admitted Senate negotiations on the CLARITY Act between Senators Thom Tillis and Angela Alsobrooks seemed to be "on hold," slowing the broader bipartisan market-structure framework. Horsford framed crypto and digital-asset policy as a tool for closing the wealth gap, saying "no one party should own crypto."