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US Treasury Confirms Bitcoin’s Role as ‘Digital Gold’ in Emerging Economy Beincrypto 08 Dec 2024

US Treasury Confirms Bitcoin’s Role as ‘Digital Gold’ in Emerging Economy

The US Treasury Department recognizes Bitcoin as 'digital gold', emphasizing its role as a store of value in decentralized finance. Stablecoins also gain attention due to their impact on Treasury bill demand. The Treasury's report signals increasing interest in digital assets' potential alongside traditional finance.