The U.S. Treasury Department has clarified tax reporting and data collection obligations for Bitcoin miners, crypto exchanges, and payment processors under the 2021 Infrastructure Investment and Jobs Act. A new tax form, the 1099-DA, has been introduced for these parties. The move is seen as positive by GoMining, a Bitcoin mining company, which emphasizes the importance of transparency and compliance. However, the company also notes the need for mining operations to collaborate with regulators and future-proof their regulatory fates.