Market
What will be U.S. Treasury's next major policy on digital currencies by June 30, 2025?
2
Resolution / Starting Odds
Regulatory framework for cryptocurrencies • 25%
New tax policy on digital assets • 25%
No major announcement • 25%
Other major policy • 25%
Official announcements from the U.S. Treasury or government press releases
Story
U.S. Treasury Calls Bitcoin 'Digital Gold,' Sees Tokenization Potential
Dec 7, 2024, 02:15 PM
The U.S. Treasury Department has released a report recognizing Bitcoin as 'digital gold,' highlighting its primary use case in the financial landscape. This acknowledgment comes alongside the Treasury's observation that tokenization could unlock benefits for a broader range of financial assets through programmable, interoperable ledgers. The report's reference to Bitcoin as digital gold implies a potential for significant growth in its value, with one user suggesting that if Bitcoin were to reach the market cap of physical gold, its price could be approximately $665,000 per BTC.
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Similar markets
Neutral • 25%
Strong opposition • 25%
Supportive of exploration • 25%
Proactive development • 25%
Yes • 50%
No • 50%
CFTC leads • 25%
No change • 25%
Joint leadership • 25%
SEC leads • 25%
Relaxed regulations for crypto exchanges • 25%
Other • 25%
Creation of a national cryptocurrency • 25%
Tax incentives for crypto businesses • 25%
Other • 25%
U.S. Treasury • 25%
SEC • 25%
CFTC • 25%
Other initiative • 25%
Tax incentives for crypto firms • 25%
Public-private crypto partnerships • 25%
Regulatory framework for crypto • 25%
No • 50%
Yes • 50%
