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Crypto miners are getting a brand new foyer group to assist advance their pursuits amongst US policymakers because the nation seeks to determine a complete regulatory framework for cryptocurrencies.
The Digital Vitality Council (DEC) was launched on Aug. 15 with the goal of teaching policymakers and key stakeholders and eradicating any misconceptions about crypto mining, the physique says on its web site.
It is going to “promote accountable and sustainable power growth, grid resilience, keep United States competitiveness, and defend nationwide safety,” it mentioned in an announcement.
Digital Vitality Council to Concentrate on Three Key Areas
The Washington-based Digital Vitality Council is the primary member affiliation that solely focuses on the intersection of power safety and digital asset mining. It is going to deal with three vital areas: US power growth, nationwide safety, and financial development, says its web site.
Founder and President Tom Mapes beforehand served on the Division of Vitality because the chief of employees for worldwide affairs, the place he was liable for worldwide power coordination all through the US authorities.
Previous to that, he spent a number of years on Capitol Hill serving a number of energy-focused members of Congress and in addition led the first mining-focused authorities advocacy marketing campaign on the federal stage within the US.
Right this moment we’re launching the Digital Vitality Council @digitalenergyUS. DEC is the primary member affiliation solely centered on the intersection of digital asset mining ⛏️and power coverage⚡ on the federal stage. #digitalenergy
— Digital Vitality Council (@DigitalEnergyUS) August 15, 2023
Time for Crypto Miners to Have a Unified Voice – Mapes
Crypto miners are going through calls from President joe Biden for a punitive 30% excise tax on their operations and are regularly criticised for inflicting environmental harm.
It’s time for crypto miners to have a unified voice in Washington, Mapes advised Coin Telegraph.
“I see power corporations, utility corporations, energy suppliers – the large majors – all looking at this new know-how and determining methods they’ll become involved on this,” he mentioned.
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