#HotJulyPPI The principle of relying on confiscated assets within the legal procedures followed, focusing on exploiting these resources to serve the economic interest without exposing to the risks of cryptocurrency market fluctuations.
These statements by U.S. Treasury Secretary Scott Pisent come at a time when global economic circles are witnessing extensive debate about the future role of cryptocurrencies in the international financial system, especially with the significant rise in their market value and increasing use in online commercial and financial transactions.
Analysts see that U.S. Treasury Secretary Scott Pisent's stance reflects the U.S. administration's caution towards integrating cryptocurrencies into official reserves, due to the risks associated with rapid price fluctuations and instability compared to traditional safe assets like gold or government bonds