White House Proposes 30% Digital Asset Mining Energy (DAME) Excise Tax

The White House | May 2, 2023 New proposal in this year’s Budget, the Digital Asset Mining Energy (DAME) excise tax to balance the economic and environmental costs of cryptomining where after a phase-in-period, firms would face a tax equal to 30 percent of the cost of the electricity they use in cryptomining. Currently, cryptomining

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