The US Treasury Department has included Bitcoin in its Fiscal Year 2024 Q4 report, recognizing it as ‘Digital Gold’ due to its significant growth and expanding role in the crypto sector.
This 132-page document emphasizes Bitcoin's applications and its impact within the Decentralized Finance (DeFi) landscape, showcasing its evolution beyond a mere digital currency.
The report marks an important step in acknowledging Bitcoin's utility and potential as a decentralized financial tool, contributing to its mainstream acceptance and valuation.
Source: www.thecoinrepublic.com ↗
