According to Odaily Planet Daily, the White House Digital Asset Task Force, in its cryptocurrency report, recommended that the IRS clarify the tax timing for Bitcoin mining profits, perhaps shifting to a time-of-sale tax system to avoid double taxation of "mining income tax and capital gains from sales." BitFuFu CEO Leo Lu stated that this move could significantly reduce the tax burden on miners and accelerate Bitcoin's popularization. Congressional bills such as HR 8149 have already proposed similar tax deferral schemes. (The Block)