[Blockchain News] 📢 The latest research report from the Federal Reserve Bank of Minneapolis expressed concerns about the fiscal impact of Bitcoin, suggesting that it may need to be taxed or legally prohibited to help governments manage deficits. The report said that Bitcoin creates a "balanced budget trap" that forces governments to balance their budgets.

Bitcoin supporters strongly oppose this. Matthew Sigel, head of digital asset research at VanEck, pointed out that the Federal Reserve is in line with the European Central Bank and intends to ensure the "risk-free" status of government debt.

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