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Coinpedia 2024-12-07 09:14:23

Bitcoin Act of 2024 Faces Opposition from Former Fed President Bill Dudley

Bitcoin Act of 2024 Faces Opposition from Former Fed President Bill Dudley

The post Bitcoin Act of 2024 Faces Opposition from Former Fed President Bill Dudley appeared first on Coinpedia Fintech News Bill Dudley, the former president of the Federal Reserve Bank of New York and current chair of the Bretton Woods Committee, has dismissed the idea of Bitcoin (BTC) becoming a government reserve currency. In a Dec. 6 Bloomberg op-ed, Dudley argued that such a move offers no significant advantages and primarily benefits existing Bitcoin holders, …

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