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**Bequant:** Cryptocurrency Reserves Will Not Be Used for Purchase, Confiscated Assets Will Be Utilized

By: theblockbeats.news|2025/08/14 13:02:10

BlockBeats News, August 14th, U.S. Treasury Secretary Yellen stated that (regarding cryptocurrency reserves) they will not be purchasing and will instead use seized assets. (Golden Finance)

U.S. July PPI YoY 3.3%, Expected 2.5%
In the past 1 hour, there has been a total of $449 million worth of liquidations across the network, mainly from long positions.

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