Cool idea, but that does not exist yet. Using the labels field is a decent approach to this, given you have some clear guidelines within your organisation on how to manage and use them.
Alternatives you might consider is using Flags (available from agile boards) or watching/unwatching issues. The first option will have the same downside as using labels, the latter will make sure you are notified of certain events on the issues, but will not be the quickest to clean your basket with.
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