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Bookmarking Crypto InsightsWed, 03 May 2023 22:04:56 +0000en-US
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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. […]