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Coinpedia 2024-12-07 18:16:21

U.S. Treasury Refers To BTC As ‘Digital Gold’; Foresees Rapid Growth For Digital Assets

The post U.S. Treasury Refers To BTC As ‘Digital Gold’; Foresees Rapid Growth For Digital Assets appeared first on Coinpedia Fintech News The Department of US Treasury, in its Fiscal Year 2024 Q4 report, has emphasized Bitcoin’s rapid growth discussing its use case, especially in DeFi. Remarkably, it also acknowledged Bitcoin as a digital gold.  It noted the trends in digit asset growth and usage which has undergone a rapid growth from very low levels. It noted …

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