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3232White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining
https://www.digit.info/white-house-pushes-dame-tax-proposal-to-address-alleged-environmental-costs-of-crypto-mining/
Wed, 03 May 2023 22:04:56 +0000https://www.digit.info/2023/05/03/white-house-pushes-dame-tax-proposal-to-address-alleged-environmental-costs-of-crypto-mining/Read more]]>On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal year 2024. The DAME tax targets “making crypto miners pay for the costs they impose on others” regarding the environmental impact of crypto mining activities. […]
]]>US Treasury and White House to Hold Regular Meetings on CBDCs and Payment Innovations
https://www.digit.info/us-treasury-and-white-house-to-hold-regular-meetings-on-cbdcs-and-payment-innovations/
Thu, 02 Mar 2023 15:30:29 +0000https://www.digit.info/2023/03/02/us-treasury-and-white-house-to-hold-regular-meetings-on-cbdcs-and-payment-innovations/Read more]]>On March 1, 2023, Nellie Liang, undersecretary for domestic finance at the U.S. Treasury, delivered a speech to the Atlantic Council in Washington concerning the subject of central bank digital currencies (CBDCs). Liang detailed during her speech that a CBDC is one of several options for “upgrading the legacy capabilities of central bank money,” and […]