The U.S. Treasury Department report refers to Bitcoin as "Digital Gold"
According to an article published by Bitcoin Magazine on platform X, the U.S. Department of Treasury stated in a report that within the decentralized finance (DeFi) sector, Bitcoin's primary use appears to be as a store of value tool, or "digital gold". However, the report from the U.S. Department of Treasury warns that speculative interest seems to have played a significant role in the growth of digital tokens.
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